Kaylor Equipment Rental paid $75 in dividends and $511 in interest expense. The addition to retained earnings is $418 and net new equity is $500. The tax rate is 40 percent. Sales are $15,900 and depreciation is $680. What are the earnings before interest and taxes?

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A: As posted multiple independent questions we are answering only first question kindly repost the…

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A: given, EBITDA =$32,800  net income= $9,500  interest expense= $6,700  corporate tax rate = 35 %

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A: Depreciation refers to spreading the cost of fixed assets over their useful life. It includes all…

Q: Frezia Corp.'s total assets at the end of last year were P315,000 and its net income after taxes was…

A: Return on total assets = Net Income/ Avg. total assets

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A: The operating income is the income of the company that is generated after all the operating expenses…

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A: Times interest earned ratio is a ratio calculated to determine how many times the earnings available…

Q: In recent year Palestine Corporation had a net income of $12,500, interest expense of $2,500, and a…

A: Given: Net income = $12,500 Interest expense = $2,500 Times interest earned = 9

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A: Formula: Taxable income = EBIT + Dividends + Net capital loss Sum of both EBIT , Dividends income…

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A: The mathematical equation of the concept used is:

Q: Builtrite had sales of $700,000 and COGS of $300,000. In addition, operating expenses were…

A: Computation:

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A: Formula used: Earnings after Tax = [ Gross profit - Interest expense - Depreciation expense ] x [ 1…

Q: Jackson Heating & Air Company had sales revenue of $2,250,000 from operations during tax-year 1.…

A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…

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Q: The following extract is from the statement of profit or loss of Gearing Co for the year ended 30…

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Q: In the recent year Sheridan Company had net income of $207400, interest expense of $54000, and tax…

A: The question is multiple choice question  Required  Choose the Correct Option.

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A: Net Income = $3,000,000Earnings before Interest and Tax = $6,000,000Tax Rate = 40% or 0.40…

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A: A firm paid R 800 000 in dividends over the last period. The beginning and ending retained earnings…

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A: Depreciation refers to the method through which the costs of the assets is being allocated over the…

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A: Operating Income = Sales + Cost of goods sold + Operating expenses +Interest expenses - Interest…

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A: Gross profit (GP) = $ 35000 Interest expenses (I) = $ 4000 Tax rate (T) = 30% Profit after tax (PAT)…

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A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

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A: The earnings after taxes are calculated by deducting all the indirect expenses, including…

Q: XYZ co paid $520 in dividends and $711 in interest expense. The addition to retained earnings is…

A:

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: A company paid $11,310 in interest and $16,500 in dividends last year. The times interest earned…

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A: Operating Income Add Other Income Less Other expenses and losses   Profit before taxes…

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

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A: 1. Income Statement - This statement shows the income earned and loss incurred by the organization…

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A: Tax:- It is the amount which one pays to the government of the country as per prescribed rates or…

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A: Net income: The net income of the business is determined by subtracting the total expenses from the…

Q: Pop Evil, Inc.'s net income for the most recent year was $22,817. The tax rate was 21 percent. The…

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A: An income statement is a financial report that indicates the revenue and expenses of a business. It…

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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

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…