EBIT is equivalent to profits after taxes. true or false?

Q: Which one of the following statement is true about profit maximization? a It foc US or Ountina

A: 1. Profit maximization is the concept that focuses on maximising the profits. This concept ignores…

Q: What formula is used to determine net profit

A: Net profit is the actual income earned by an organization after paying all the expenses. It is…

Q: Briefly explain the difference between gross profit, net profit and EBIT.

A: Gross Profit is computed by deducting Cost of goods sold from Sales. Gross profit is the profit a…

Q: In general, what is the concept of earnings and profit designed to represent?

A: When addressing the bottom line of a company's income statement, the concept of earnings is most…

Q: porate earnings and profits (E&P) is correct?

A: E&P refers to the accumulated earnings and profits of a company. The E&P of a company…

Q: How much in taxes would the target firmhave to pay on any gains it realizes?

A: Corporate taxes are calculated on the gross profits after the expenses have been deducted from the…

Q: profit after taxes will be produced

A: A rise in sales will cause a proportional rise in the variable costs. But, the fixed costs will…

Q: The gain or loss on the net monetary position in a hyperinflationary economy shall be included in:…

A: This question is answered according to IAS 29 "Financial Reporting in Hyperinflationary Economies"

Q: 1. What is the difference between accounting anc economic profit?

A: Solution Note as per the Q&A guideline we are required to answer the first question only. Please…

Q: When they are net of taxes, prior period adjustments always increase the value of Retained Earnings…

A: Prior Period Adjustments: Correction of an error in the financial statements that were reported in…

Q: gross profit are

A: Gross profit is the residual income that is determined by reducing costs that are directly related…

Q: What is  internal Rate of Return - Before Tax Cash Flow - BTIRR?  Please provide example.

A: Before tax IRR (BTIRR) is the IRR calculated on the before tax cash flows. Here, the before tax cash…

Q: What are the situs rules on income tax situs on sales of goods?

A: Income tax:A tax charged on the income earned by the individual or corporates by the central…

Q: EBITD is equivalent to profits after taxes. true or false?

A: EBITDA is the earnings before interest tax depreciation and amortization.

Q: How much is net income?

A: Financial statements are the set of records of the financial transactions and position of a business…

Q: The tax rate is the ratio between the amount of tax and the amount of income. true Error

A: >Tax rate is the rate of tax that is levied by the regulating authorities.>Income tax rate is…

Q: Net income *?

A: Looking the bottom line of the income statement, net income = P650000

Q: Net earnings can be greater than gross earnings

A: The gross earning is calculated by deducting the cost of goods sold from the sales revenue of the…

Q: Can the net cash flows be viewed as before-tax values or aftertax values for which tax effects have…

A: Cash flow after taxes (CFAT) investigates the capacity of an organization to deliver income from its…

Q: Which sales tax and tip would be equivalent to the given increase?

A: Particulars Option A Option B Row 1 Row 2 Row 3 Row 1 Row 2 Row 3 Bill Amount 100 100 100 100…

Q: income tax rate would be

A: Net Initial Investments -  Profit and Loss on Sale of Old Press - Book Value is  =     120000 Sale…

Q: AT and its examples?

A: A value-added tax (VAT) could be a consumption tax placed on a product whenever price is else at…

Q: What is gross profit? How do you calculate it?

A: Gross margin (gross profit): Gross margin is the amount of revenue earned from goods sold over the…

Q: 1.How is cost recovery properly assessed that will account for tax benefit?

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: How much was the profit before finance cost and income tax?

A: Cash Flow Statement is a part of the Financial Statement of a company. It literally means a…

Q: Does "commission income" go onto the Statement of Comprehensive income? We usually capture interest…

A: Net profit means the difference between the income and expenses. Financial statement means the…

Q: Why can we not invest net income? Explain with an example?

A: The net income is the net profit of the company earned during the period. The net income includes…

Q: How do you calculate the breakeven point in revenues?

A: Break-even point is the level at which profit is zero; that is, at the Break-even level, expenses…

Q: What is net income ? 251+113 =  364 ??? İs true or not

A: Net income (NI), also called net earnings

Q: REQUIRED: ANSWER THE FOLLOWING QUESTIONS IN POINT FORM • What is the difference between book value…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: The term ‘Operating Profit’ means profit before _____ a. Interest b. Tax c. Interest and tax d.…

A: Formula: operating profit = Sales - Cost of goods sold - Operating expenses - Depreciation.

Q: Why does Non-GAAP earnings are controversial?

A: Definition: Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to…

Q: Could I get the entire answer please? Earnings before taxes, net income and taxes?

A: Information Provided: Sales = $14,800,000 Interest expense = $307,000 COGS (Cost of Goods Sold) =…

Q: Using the adjusted present value model, under what assumptionsare the MM (with corporate taxes)…

A: MM model shows that company’s market value is computed as a PV of company’s future earnings which is…

Q: How is gross profit calculated, and what does it represent?

A: Gross profit is the difference of amount obtained by subtracting Cost of goods sold from Net…

Q: What is NOPAT (net operating profit after taxes)?

A: The income generated by a business in the course of normal operations, after deducting the direct…

Q: If the bonus is based on the profit after taxes but before bonus, how much is the bonus of L?

A: Bonus is the amount receive in addition to salary for additional efforts put in by the partner. In…

Q: e Tax and its ex

A: Income tax Taxes levied on the earnings of companies and individuals are referred to as income…

Q: What do you mean by the term "income approach"?

A: The income approach is a real estate valuation technique that is computed by dividing the…

Q: What does it mean when you have a debit balance of accrued interest income? Does a Debit balance…

A: The accrued expenses are the expenses incurred but not paid yet and hence are recorded as liability.…

Q: When they are net of taxes, prior period adjustments always increase the value of Retained Earnings…

A: The term 'prior period adjustments' described as any revenue or expenditures that occur in the…

Q: What are the characteristics of a strong income statement?

A: