Suppose Ningbo Steel had sales revenue of $11,000 sales revenue, and a cost of goods sold at $5000, operating expenses of $1000, a tax rate of 20%, and 1000 shates of common stock outstanding. Based on this information,  what was the net profit after tax?

Q: This year, FCF Inc. has earnings before interest and taxes of $10,180,000, depreciation expenses of…

A: Free cash flow = EBIT*(1-tax) + Deprication - capital expenditure - Increase in Working capital

Q: Ozark Industries reported net income of $75 million in 2002. The company’s corporate tax rate was 40…

A: The sales level of a company directly affect the company's net income. In order to increase the net…

Q: Ever Manufacturers had sales of $900,000 in 2006 and their cost of goods sold represented 65 percent…

A: Given, Sales =$900,000 COGS =65% of sales = $900,000*65% = $585,000 Selling and Administrative…

Q: Trevi Corporation recently reported an EBITDA of $32,800 and $9,500 of net income. The company has…

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

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: Suppose a firm has the following information: Sales = $10million; costs of goods sold (excluding…

A: Computation:

Q: Amalgamated Industries has Sales of 3,000, COGS of 1,000, and EBIT of 1,200. If Depreciation is 300,…

A: Here; We have Sales of $3,000 COGS of 1,000 EBIT of 1,200 Depreciation expense is 300 Interest…

Q: Crane reported the following information for its fiscal year end: On net sales of $ 53.000 billion,…

A:

Q: A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and…

A: Profit margin = Net profit / Sales * 100

Q: Bryon Inc recently reported $6million of net income. Its EBIT was $13.2 million, and its tax rate…

A: The mathematical equation of the concept used is:

Q: Rappaport Corp.'s sales last year were $375,000, and its net income after taxes was $23,000. What…

A: Profit margin on sales is ratio of net profit on sales that is as follows: As per formula Profit…

Q: Ruby Corp's sales last year were $435,500, its operating costs were $350,000, and its interest…

A: TIE number is earnings before interest and taxes (EBIT) divided by the total interest payable

Q: If a company had $15,000 in net income for the year, and its sales were $300,000 for the same year,…

A: Profit margin ratio: The profit margin ratio measures the net income generated for every dollar of…

Q: 2. Sohar Company had a 40 percent tax rate. Given the following pre-tax amounts, what would be the…

A: Income tax is a liability of every individual toupee to the government based on their taxable…

Q: A firm had gross profits from sales in the amountof $180,000, operating expenses of $90,000,and…

A: Net Income is defined as the aggregate amount of money that the business earned in the time period,…

Q: Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,818,300.…

A: Given, Sales = $16,818,300 Depreciation and amortization = $830,300 Interest expense = $872,000…

Q: Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000;…

A: Income before tax means net income of the business after considering all operating and non operating…

Q: LMM Company’s total assets at the end of last year were P405,000 and its earnings before interest…

A: Total assets = P405,000 EBIT = P52,500

Q: For the past year, Momsen, Ltd., had sales of $46,577, interest expense of $3,932, cost of goods…

A: “Statement of Profit & Loss” is a financial tool which shows profitability of business. It shows…

Q: The Moore Corporation has operating income (EBIT) of $750,000. The company’s depreciation expense is…

A: Net income is calculated by using the following formula: NI = (EBIT - Interest) * (1 - tax rate) Net…

Q: Bed Bug Inn has annual sales of $137,000. Earnings before interest and taxes are equal to 5.8…

A: We know that the formula to calculate the profit margin is  Profit Margin = (Net Income/Sales) * 100…

Q: If a corporation earns $240,000 and the payout ratio (proportion distributed) is 35 percent, what is…

A: Given : Income  =  $240,000Payout Ratio  =  35% Dividends  =  Income * Payout Ratio…

Q: Deton pen Manufacturers sales= $980,000 cost of goods sold represented 64 percent of sales.…

A: Net income of an firm can be calculated by subtracting the cost of goods sold and other expenses…

Q: total sales of $340,000. And a net income after tax of $47,600. Calculate the operating margin if…

A: To calculate the operating margin we need to calculate the operating income.Operating Income is an…

Q: The Huck Printing Co. had sales of $10 million, Operating Income of $3 million; After tax income of…

A: Return on Equity: Return on equity (ROE) is a financial indicator that measures a company's net…

Q: The firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and…

A: Earnings before interest & taxes(EBIT) is the income generated by an entity before making…

Q: The figures shown in the table below are an extract from the accounts of Ridgeway (capital employed…

A: We have the following information: Revenue: $1,000,000 Cost of Sales: $400,000 Gross Profit:…

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: The annual sales of a company are $235,000 including sales tax at 17.5%. Half of the sales are on…

A: We have the following information: Annual Sales: $235,000 Annual sales includes a sales tax of…

Q: Blossom Corp. has annual sales totaling $1146000 and an average gross profit of 20% of cost. What is…

A: Gross profit = Sales - Cost Gross profit = Sales x Gross profit (%)   So, Sales = Gross profit +…

Q: Vhea Corp has an operating profit of P1,200 produced from P9,800 in sales. If Vhea has no interest…

A: Operating profit- This profit is obtained by the entity during its operating activities only. This…

Q: BN had 5 degrees of operating leverage when its profit before taxes was P200,000. If the company’s…

A: Degree of operating leverage = % change in operating income% change in sales…

Q: Local Co. has sales of $10.9 million and cost of sales of $5.9 million. Its selling, general and…

A: Prepare the income statement by the given information as per the following matrix: The gross profit…

Q: Consider the following data from the financial statements of Stevenson Company, which has a tax rate…

A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

Q: Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest…

A: Dividend refers to portion of net profit of entity that is shared with common stockholders. It can…

Q: 1. If a firm's net income (profits before taxes) is $120,000 and it has total assets of $1.5…

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

Q: Roberts Corp's sales last year were $300,000, and its net income after taxes was $25,000. What was…

A: A ratio that helps to evaluate how much portions of the sales revenue of a company turns in the…

Q: The S&H construction company expects to have total sales next year totaling $15,300. In addition,…

A: Sales = 15,300 Tax Rate = 35% Interest Expense = 280,000 Cost of goods sold = 57% of Sales Operating…

Q: Easy Launch Box recently reported $15,500 of sales, $8,250 of operating costs other than…

A: In this question, we have been asked to find the operating income for which we have been given…

Q: Rappaport Corp.'s sales last year were $320,000, and its net income after taxes was $23,000.…

A: PROFIT MARGIN=NET INCOME AFTER TAXSALES

Q: You are given the following information for Smashville, Inc.   Cost of goods sold: $ 224,000…

A: Given the following information: Cost of goods sold: $224,000 Investment income: $2,400 Net sales:…

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…