Target industries reported $11,500 of sales and $5,000 of operating costs (including depreciation). The company has $20,500 of total invested capital, the weighted average cost of that capital (the WACC) was 8%, and the federal-plus-state income tax rate was 40%. What was the firm's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during 2017?

Q: Starr Co. had sales revenue of $540,000 in 2020. Other items recorded during the year were: Cost…

A: Introduction Income statement is a summary of incomes and expenses to ascertain net profit.. Single…

Q: Griffin’s Goat Farm, Inc., has sales of $719,000, costs of $395,000, depreciation expense of…

A: Formulas: Net income = (Sales - Costs -Depreciation - Interest)*(1-Tax rate)…

Q: LSP. Co, recently reported $200,000 of sales during the year 2016. The company had $20,000 of…

A: We need to find net income in this question. Net income is what available for distribution to…

Q: Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its…

A: Assets turnover ratio means the amount of sales as compared to the average assets. Profit margin…

Q: Schwert Corp. shows the following information on its 2015 income statement: Particulars ($) Sales…

A:

Q: G. C. Murphey’s 2016 financial statements show net income of $5,040 million, sales of $306,932…

A: Computation of return on sale: Return on sale = Net incomeSales×100 = $5,040 million$306,932…

Q: EVA

A: Formula for calculating Economic value added (EVA) is: Operating income after tax less annual cost…

Q: Pearls, Inc. had sales in 2015 of $2.1 million. The common stockholders received $600,000 in cash…

A:

Q: e Allen corporation had sales of $63 million, total assets of $44 million, and total liabilities of…

A: Operating return on assets = Operating profit / sales * 100

Q: Analyzing the quality of firm​ earnings)  ​Kabutell, Inc. had net income of ​,$ 800,000 cash flow…

A: a) Quality of Earning Ratio=Cashflow from operations/ Net income =500,000/800,000=0.625= 62.5% hence…

Q: n​ 2016, the Allen Corporation had sales of ​$60 million, total assets of ​$47 million, and total…

A: Answer -    Computation of Net Operating Income and Net Income - Particulars Working Amount…

Q: The company’s total assets at year-end 2016 were CHF 131,900 million. What reasonable conclusions an…

A: The solvency, profitability, liquidity and efficiency of any company in the industry can be…

Q: In 2016, the Allen corporation had sales of $67 million, total assets of $42 million, and total…

A: Sales = 67,000,000 Assets = 42,000,000 Liabilities = 19,000,000 Interest Rate = 6.3% Tax Rate = 35%…

Q: During 2015, Al-Ahd Corp. had sales of $950,000. Cost of goods sold, administrative and selling…

A: The term gross profit represents gross earnings generated after subtracting all production costs…

Q: Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit…

A: Return on Invested capital is the return or net income after taxes earned on the invested capital…

Q: Matbach Industries has $930,000 in current assets and $470,000 in fixed assets less $180,000 in…

A: Introduction: A firm's equity is the amount of shareholders share left in the company after meeting…

Q: he Alabaster Corp. reported Net sales of 6.7 million,operating costs of 4.3 million, and…

A: Net income is the excess of revenue over all the operating and other expenses of the company…

Q: For the most recent year, Camargo, Inc., had sales of $534,000, cost of goods sold of $241,680,…

A:

Q: Compute the rate of ROA for 2008 and disaggregate ROA into profit margin for ROA and asset turnover…

A: Calculate profit margin: Profit margin = Income + Interest expense ( 1- Tax) + Minority interest /…

Q: In 2016, the Allen Corporation had sales of $69 million, total assets of $48 million, and total…

A: S&H Construction Company Tax 0.35 Sales $14,500,000 Interest Expenses $306,000…

Q: For 2018, Gourmet Kitchen Products reported $23 million of sales and $18 million of operating costs…

A: EVA: It is the excess profit that a company generates over & above the expected returns of the…

Q: The Crane Company has disclosed the following financial information in its annual reports for the…

A: Cash flow from operating activities is the cash inflow and outflow which has resulted from the…

Q: For 2018, Bargain Basement Stores reported $11,500 of sales and $5,000 of operating costs (including…

A: Sales= $11,500 Operating Costs= $5,000 Invested Capital= $20,500 WACC= 8% Tax rate= 40% EVA=?

Q: Orlando Landscaping has current assets of $5,100, net fixed assets of $23,000, current liabilities…

A: Shareholders Equity = Current Assets + Net Fixed Assets - Current Liabilities - Long Term Debt Net…

Q: Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2017. Expenses…

A: Income statement:   It is a financial statement prepared by a company that reports revenues and…

Q: Henry Company had sales revenue of USD1,200,000, gross profit of USD749,000, operating expenses of…

A: Income tax expense refers to the expense amount which company records in the accounting period for…

Q: The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $5.2 million, and the…

A: Operating cash flow is a component of cash flow statement. It shows the amount of cash generated by…

Q: In​ 2016, the Allen Corporation had sales of $61 ​million, total assets of $43 ​million, and total…

A: given sales=$61 million total asset = $43 million total liabilites = $15 million interest rate=5.8%…

Q: At year-end 2016, total assets for Arrington Inc. were $2 million and accounts payable were…

A: AFN = Additional Fund Needed

Q: Home depot entered fiscal 2017 with a total capitalization of $21,940 million. In 2017 debt…

A: Measure company's financial performance based on the residual wealth.  Economic value added (EVA) =…

Q: Elgin Battery Manufacturers had sales of $1,000,000 in 2015 and their cost of goods sold is…

A: Income taxes is the amount of taxes and obligations which needs to be paid by the individual or…

Q: Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2017. Expenses…

A: Multi-step income statement: The income statement represented in multi-steps with several subtotals…

Q: During 2010. Raines Umbrella Corp. had sales of $740,000. Cost of goods sold, administrative and…

A: Net income is the amount of money earned by an entity after deducting all the expense either…

Q: In 2016, the Allen corporation had sales of $63 million, total assets of $44 million, and total…

A: Operating profit margin  = 14% of sales = 14% of $63 million = $8,820,000   Now interest rate = 5.7%…

Q: For 2018, gourmet kitchen products reported $22 million of sales & $19 million of operating costs…

A: A concept that helps to evaluate the financial performance of a company by deducting the overall…

Q: purchased additional equipment for $11.7 million at the end of 2016, and this equipment was…

A: Depreciation is the reduction in the value of fixed assets due to normal wear and tear, passage of…

Q: In 2016, the Allen Corporation had sales of $62 million, total assets of $47 million, and total…

A: Given the following information: Sales: $62,000,000 Total assets: $47,000,000 Total liabilities:…

Q: what is the firm's net new long-term debt?

A: Long-Term Debt: It refers to debt that has a maturity greater than one year.  Long-term debt is…

Q: Corporation reported free cash flows for 2016 of P23,000,000 and investment in operating capital of…

A:

Q: In 2014, Angela Corporation has a net capital loss of $80,000. Angela Corp. also had net capital…

A: Capital loss: It implies to the sale of capital asset at a value that falls less than it's purchase…

Q: Weiland Co. shows the following information on its 2014 income statement: sales $167,000; costs =…

A: As a first step, let's put together allt he informtion given in a structured format. Please see the…

Q: Volbeat Corp. shows the following information on its 2015 income statement: sales = $255,000; costs…

A: Given that: sales = $255,000 costs = $156,000 other expenses = $7,900 depreciation expense = $15,600…

Q: The Malia Corporation had sales in 2015 of $65 million, total assets of $42 million, and total…

A: Given the following information: Sales: $65 million Total assets: $42 million Total liabilities:…