If the net income after tax is 120000 OMR depreciation is 5000 OMR, amortization is 2000 OMR, interest is 2500 OMR, tax is 2500 OMR, total debts 26400 OMR, find Debts to EBITDA ratio. (use this formula 0.0)
Q: How much of the following is gross income subject to income tax? *
A: Answer: The gross income is the income which is subject to tax before any deductions.
Q: If EBITDA is 60000 OMR, depreciation is 2000 OMR, amortization is 1000 OMR, interest is 1500 OMR,…
A: EBITDA means Earnings Before Interest, Tax, Depreciation and Amortization Amortization is used to…
Q: Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission…
A: The income is calculated as difference between total revenue and other expenses.
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A: The cash flow that is generated by a company from its primary business operation is term as the…
Q: Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent…
A: Gross profit = sales - cost of goods sold = 100000 - 40000 = OMR 60000
Q: Use the following information for Taco Swell, Incorporated, (assume the tax rate is 21 percent):…
A: Income and balance sheet statements:
Q: What is the net rent income for the current year? * a. 275,000 b. 290,000 c. 350,000 d. 365,000
A: An operating lease is a type of lease under which there is a contract and it is through this…
Q: Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission…
A: Given gross profit = OMR 15000
Q: Consider the following data extracted from an after-tax cash flow calculation. Before-Tax-and-Loan =…
A: Taxes are to be paid as per the applicable tax rate on the Taxable Income of any organization.…
Q: bugh Syron Books Inc. recently reported $18 million of net income. Its EBIT was $25.2 million, and…
A: First we need to calculate earning before tax by using this equation Earning before tax =Net…
Q: come tax. Please consider the following information: Rent income received in advance P150,000…
A: Solution: The permanent difference "Interest income on time deposit 200,000".
Q: In a recent year Crane Corporation had net income of $140000, interest expense of $30000, and tax…
A:
Q: A company reported in the income statement for the current year P900,000 income before provision for…
A: Income as per Books 900000 Add:/less :Permanent difference- Interest income on time deposit (not…
Q: Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent…
A: Net income is the calculation of the remaining amount with an organization after deducting taxes,…
Q: Molteni Motors Inc. recently reported $6 million of net income. Its EBIT was$13 million, and its tax…
A: Operating income (EBIT) is the firm’s earnings before deducting the interest and tax expenses. It is…
Q: Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission…
A: Total income = Gross Profit - Rent Paid + Commission received + Dividend received
Q: Which of the following calculations is correct if sales are $25,000, operating profit after tax is…
A: Profitability analysis is a financial practice that measures a firm's efficiency in generating…
Q: Trade receivables have a carrying amount of P4,000. The related revenue has already been included in…
A: SOLUTION TAX BASE OF RECEIVABLES = IF RECEIVES PAYMENT OF RECEIVABLE HAS NO TAX CONSEQUENCES , ITS…
Q: Calculate EBITDA I calculated $6,750,000 but I also calculated 6,507,692 - which one is correct?…
A: Income before tax = Net income / (1 - tax rate) = $2,800,000/(1-0.35) = $4,307,692
Q: Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission…
A: Total Incomes: Sum of all the incomes earned derives the total income. Total income to be shown in…
Q: Calculate the ROE for the following information: •Net Income after tax = $2,740,000 •Sales…
A: Formula: Return on Equity = Net Income after tax / Total Equity
Q: Current liabilities include interest revenue received in advance, with a carrying amount if P1,000.…
A: Tax base is the value that is assessed for an item in balance sheet as per taxation of that…
Q: Assume that debt service expenditures are $12.6 million and "own source" revenues are $84 million.…
A: Debt service revenue ratio = Debt service / revenue
Q: If EBITDA to sales ratio is 40%, sales are 100000 OMR, debt is 10000. The debt to EBITDA is equal…
A: SOLUTION- FORMULAS- 1- EBITDA TO SALES RATIO = EBITDA / SALES 2- DEBT TO EBITDA = DEBT / EBITDA
Q: You have the following data: The net income after tax is 42000 OMR and income tax is 3000 OMR.…
A: Net income means the profit earned from sale of goods or services after deducting all expenses…
Q: Gorilla Movers has sales of S645,560, cost of gods sold of SsA25,890, depreciation of $32,450, and…
A: The times interest earned ratio is calculated as ratio of earnings before interest and taxes and the…
Q: Compute total income from the following? Gross Profit OMR 10000, Rent Paid OMR 1000, Commission…
A: Formula: Total income = Gross profit - Rent paid + Commission received + Dividend received
Q: Patterson recently reported EBITA of $14.5 million. It had $2.0 million of interest expense, and its…
A: Depreciation: It is the non-cash expenses that is charged against the tangible assets of the…
Q: What is the annual real estate tax on a valued at $135,000 and assessed for tax purposE at $47,250…
A: Property value= $135000 Assessed value= $47250 equalization factor= 125% tax rate= 25 mills
Q: You have the following data: The net income after tax is 42000 OMR and ncome tax is 3000 OMR and…
A: The gross profit is the difference between sales and cost of goods sold. Further net income is…
Q: From the following details, calculate interest coverage ratio: Net Profit after tax $ 60,000; IS%…
A: The interest coverage ratio determines a firm's ability to pay interest on its outstanding debt.…
Q: EBIT is $12,000 and interest expense is $3,000. If the tax rate is 20%, what is the net income? O…
A: EBIT = $12000 Interest expenses = $3000 Tax rate = 20%
Q: Calculate the net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000,…
A: Net sales = OMR 100000 COGS = OMR 40000 Rent received = OMR 20000 Salaries = OMR 10000 Insurance =…
Q: If net income before tax is 60000 OMR, ta> is 2000 OMR, interest is 1500 OMR, depreciation is 1500…
A: Solution:- Calculation of EBITDA as follows under:-
Q: Marco Travels reports a gross profit of $35,000, interest expense of $4,000, a tax rate of 30% and…
A: The earnings after taxes are calculated by deducting all the indirect expenses, including…
Q: Base price Tax paid
A: Base price = Amount paid including tax * 100/(1 + Tax rate)
Q: What is the firm’s EBITDA?
A: EBITDA (Earnings before interest, tax, depreciation & amortization): It is one of the metrics…
Q: Current liabilities include interest revenue received in advance, with a carrying amount if P1,000.…
A: Under Cash basis of taxation, income and expenses are recognized in the year when they are actually…
Q: If a company reports net income of $70k with deductions for interest expense of $10k and income…
A:
Q: revenue
A: revenue $878,412.00 general & administrative expense $352,666.00 depreciation expense…
Q: INCOME STATEMENT Little Books Inc. recently reported $3 million of net income. Its EBIT was $6…
A: Net income = $3 million EBIT = $6 million Tax rate = 40%
Q: suppose that the first $ 5000 income earned is not taxed at all, the next $ 10000 earned is taxed at…
A: Marginal tax is calculated by multiplying the tax rate with the income.
Q: What amount should be reported as current provision for income tax or current tax expense for the…
A: We have to calculate tax amout for current year
Q: EBIT is $12,000 and interest expense is $3,000. If the tax rate is 20%, what is the net income? O…
A: Income taxes is the amount of taxes which needs to be paid by the individual or business to the…
Q: net profit
A: Here cost of Goods sold amount is Given. hence no requirement for closing stock , opening stock, Net…
Q: Given the following information :sales R10 000 000,calculated gross profit R7 000 000 ,operating…
A: Income Statement is a summary of all revenues, gains and all expenses and losses incurred during the…
Q: How much is the accounting income subject to tax? A. 900,000 B. 750,000 C. 700,000 D. 225,000
A: Answer are as follows
Q: If net income after tax is 60000 OMR, tax is 2000 OMR, interest is 1500 OMR, depreciation is 1500…
A: EBITDA stands for "Earnings before interest, taxes, depreciation, and amortization. It is that…
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- The firm’s NOPAT= $115, depreciation expense is $12.5, amortization expense is $0, and interest expense is $15 and tax rate = 30%. What is the firm’s EBITDA?Consider the following data extracted from an after-tax cash flow calculation. Before-Tax-and-Loan = $22,500 Loan Principal Payment = $5,926 Loan Interest Payment = $2,400 MACRS Depreciation Deduction = $16,665 Which of the following is closest to the Taxable Income? a. −$2,491. b. −$91. c. $3,435. d. $14,174Calculate the net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. a. OMR 16000 b. OMR 60000 c. OMR 56000 d. OMR 66000
- Give only typing answer with explanation and conclusion Byron Books Inc. recently reported $18 million of net income. Its EBIT was $34.3 million, and its tax rate was 25%. What was its interest expense? (Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $18 million of net income by (1 - T) = 0.75 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations.Consider the following income statement: Sales $ 383,208Costs 249,312Depreciation 56,700Taxes 25% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield? Pls fastGiven the following information :sales R10 000 000,calculated gross profit R7 000 000 ,operating expenses R3 200 000,Interest income R60 000,Interest expense R250 000 and income tax 28% of profit before tax . Net profit after tax is ?
- Byron Books Inc. recently reported $15 million of net income. Its EBIT was $36.4 million, and its tax rate was 25%. What was its interest expense? (Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $15 million of net income by (1 - T) = 0.75 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations. $________Bryon Brooks Inc. recently reported 15 million of net income. Its EBIT was 20.8 million, and its tax rate was 25%. What was its intrest expense?(Hint: Write out the headings for an income statement, and fill in the known values. Then divide 15 million of net income by (1-T)= 0.75 to find the pretax income. The difference between EBIT and taxable income must be intrest expense.Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission received OMR 4000 and Dividend received OMR 2000. a.OMR 18000 b.OMR 19000 c.OMR 24000 d.OMR 21000
- Byron Books Inc. recently reported $13 million of net income. ItsEBIT was $20.8 million, and its tax rate was 35%. What was its interest expense? (Hint:Write out the headings for an income statement, and fill in the known values. Then divide$13 million of net income by (1 2T) 5 0.65 to find the pretax income. The differencebetween EBIT and taxable income must be interest expense. Use this same procedure tocomplete similar problems.)If current assets are P90,000 and total assets are P270,000, what percentage of total assetsare current assets?Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. a.OMR 60000 b.OMR 64000 c.OMR 70000 d.OMR 56000