Jokes Corporation has an before-tax operating income of P3,200,000 and a 9% weighted average cost of capital. The tax rate is 25%. Operating assets total P7,000,000 and Operating liabilities total P1,800,000. On the basis of this information, Jokes's economic value added is:

Q: ENN Corporation has interest expense of P16,000, sales of P600,000, a tax rate of 30%, and after-tax…

A: Times interest earned ratio = Earnings before interest and tax/interest  expense  where, Earnings…

Q: The Rogers Corporation has a gross profit of $770,000 and $297,000 in depreciation expense. The…

A: Cash flow of companies will be equal to Net Income after tax plus depreciation

Q: AEI Incorporated has $5billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: Assets = $ 5 billion Tax rate (T) = 40% BEP ratio = 11% ROA = 10%

Q: What is Chipotle’s TIE

A: TIE of a company means Times Interest Ratio or interest cover ratio of a company. It evaluates a…

Q: Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Bronze, Inc has sales of $58,200, costs of $25,300, depreciation expense of $3,100, and interest…

A: Operating Cash Flows  = Earning before interest & tax + Depreciation - Taxes

Q: Emery Mining Inc. recently reported $125,000 of sales, $75,500 of operating costs other than…

A: given, sales =$125,000 operating cost = $75,500 depreciation = $10,200 bond = $16500 interest rate =…

Q: Patterson Brothers recently reported a EBITDA of $7.5 million and net income of $2.625 million. It…

A: Depreciation is the decrease in the value of the fixed assets over the specific period of time due…

Q: Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000,…

A: SALES 634000 COSTS 328000 DEPRECIATION 73000 INTEREST  38000 TAX RATE 21%

Q: NUBD Corporation has an before-tax operating income of P3,200,000 and a 9% weighted- average cost of…

A: Calculations are as follows

Q: Barton Industries has operating income for the year of $3,500,000 and a 36% tax rate. Its total…

A: Given information: Operating income for the year is $3,500,000 Tax rate is 36% Total invested…

Q: Papa Roach Exterminators, Inc., has sales of $659,000, costs of $275,000, depreciation expense of…

A: In this question we require to calculate the addition to retained earnings for Papa Roach…

Q: Last year SG Corporation had P5 million in operating income (EBIT). The company had a net…

A: solution

Q: The following financial information was provided by Anya Company: Net Income 8,255,000.00 NOPAT…

A: Given, Tax rate is 35% Net income 8,255,000 EBITDA is 143,000,000

Q: The following information relates to Maine, Inc.:                         Total assets…

A: (Economic Value added)EVA=NOPAT - (Total assets - Current liabilities)*WACC

Q: Your firm has the following income statement items: sales of $52,000,00%3; income tax of $1,880,000;…

A: Cash flows from operations means all cash inflows and outflows generated from the operations of the…

Q: XYZ Corporation, whose tax rate is 30%, has two operating divisions, the Mandaue division and the…

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

Q: NUBD's economic value added is:

A: Economic value added is a measure of a company's financial performance based on the residual wealth…

Q: 1. Fattal Inc. recently reported $120,000 of sales, $75,500 of operating costs other than…

A: The statement of profit or loss of a company shows all the income earned and expenses incurred by a…

Q: Corporation's after−tax cost of debt is​

A: Given information is: Times​ Corporation, whose tax rate is​ 30%, has two sources of​ funds:…

Q: What is the net income for this firm

A: Information Provided: Sales = $679,000 Costs = $341,000 Depreciation = $85,000 Interest expense =…

Q: Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest…

A: SALES 38530 COSTS 12750 DEPRECIATION 2550 INTEREST  1850 TAX RATE 21%

Q: Byrgenwerth Corp has $55,000,000 of assets, and its tax rate is 28%. Its Basic Earning Power (BEP)…

A: A ratio that provides information about the company regarding the capability of payoff its debt…

Q: Please show all equations and work as needed. Make the correct answer clear. If possible, please…

A: Calculation of Free Cash Flow using excel:

Q: Last year Cole Furnaces had $5 million in operating income (EBIT). The company had a net…

A: Answer -    a) Calculation of Net operating working capital:         Operating current assets…

Q: Willard, Incorporated has sales of $26,400, costs of $9,400, depreciation expense of $1,500,…

A: Operating cash flow refers to the cash flow generated by an entity from its operations. It is…

Q: Foraker Inc. has sales of $46,200, costs of $23,100, depreciation expense of $2200, and interest…

A: Sales = $46,200 Costs = $23,100 Depreciation = $2,200 Interest expense = $1700 Tax rate = 22%

Q: Two Sisters Dresses has net working capital of $43,800, net fixed assets of $232,400, net income of…

A: Net working capital - $43,800 Net Fixed assets - $232,400 Net income - $43,900 Current liabilities -…

Q: Blaser Corporation had $1,098,000 in invested assets, sales of $1,243,000, operating income…

A: Return on investment is a measure used to measure how much profits we are earning on a particular…

Q: Toodles Inc. had sales of $1,840,000. Cost of goods sold, administrative and selling expenses, and…

A: The question is based on the concept of Financial Management.

Q: Sheaves, Inc., has sales of $54,000, costs of $24,600, depreciation expense of $2,650, and interest…

A: Operating Cash Flow = EBIT + Depreciation - Taxes   EBIT = Sales - Cost - Depreciation - Interest

Q: Foraker Inc. has sales of $52,900, costs of $35,443, depreciation expense of $3,480, and interest…

A: The operating cash flow is calculated as net income after adjusting for non cash expenses.

Q: OI Corporation, a manufacturer, has a gross sales of P90,000,000.00 for CY 2021, its fifth year of…

A: Solution: JOI Corporation, a manufacturer for CY 2021, Gross sales = P90000000 in its 5th year of…

Q: Meric Mining Inc. recently reported $14,700 of sales, $7,600 of operating costs other than…

A: Net income can be calculated by deductions of cost from revenues.

Q: In 2021, PacMan Inc. had a net operating profit after-taxes of P20,000,000 and an effective tax rate…

A: Operating profit is the operating revenues of the business after deducting operating expenses of the…

Q: Last year ABC Corp had $10 million in operating income (EBIT).  Its depreciation expense was $4…

A: a. EBIT is earnings before interest and taxes, which means depreciation as an operating expenses is…

Q: sidewinder, Inc., has sales of $678,000, costs of $339,000, depreciation expense of $84,000,…

A: Retained earnings refer to the part of the distributable profit that should not be distributed to…

Q: Genie Company has operating income after taxes of P50,000. It has P200,000 of equity capital, which…

A: Economic value added is value addition in something, It is a measure of the financial instruments of…

Q: Griffin's Goat Farm, Inc., has sales of $665,000, costs of $327,000, depreciation expense of…

A: Net income: Net income of a firm is computed by subtracting the expenses from the net revenue or…

Q: Your firm has the following income statement items: sales of $52,000,000; income tax of $1,880,000;…

A: For the purpose of computing the cash flow from operations: 1. Any non-cash income or expense needs…

Q: Hailey, Inc., has sales of $19,580, costs of $9,450, depreciation expense of $2,120, and interest…

A: Operating cash flow is nothing but the cash generated from day-to-day business operations. It is…

Q: Rivera Corporation has an operating income of $3 million and a tax rate of 32%. Capital invested is…

A: Given, Capital invested = $12 million or $12,000,000 Operating income = $3 million  or  $3,000,000…

Q: Holly Farms has sales of S509,600, costs of $448,150, depreciation expense of $36,100, and interest…

A: Here, Sales is $509,600 Costs is $448,150 Depreciation Expense is $36,100 Interest Paid is $12,400…

Q: The Analtoly Corporation is an electronics dealer and distributor. Sales for the last year were $4.5…

A: Answer 1: Profit on sale of securities=Sale Proceeds-Cost of securities=$120,000-$40,000=$80,000…

Q: Gabbert’s Corporation expects to have sales of $15 million. Costs other than depreciations are…

A: An income statement is a financial statement that shows you how profitable your business was over a…