total sales of $340,000. And a net income after tax of $47,600. Calculate the operating margin if you knew that the income tax rate is 30% and the interest rate is 15% A) 25.00% B) 35.30% C) 31.30% D) 23.50%

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 financial breakeven point of Soillnc. is P90,000,while the tax rate applicable to the company is…

A: The financial breakeven can be calculated by using this equation EBITFinBE =Interest cost +Preffered…

Q: Kwok Enterprises has the following income statement. How much after-tax operating income does the…

A: After tax operating income   -           (  EBIT × 1- TAX RATE  )

Q: A firm has a tax burden ratio of 0.85, a leverage ratio of 1.25, an interest burden of 0.7, and a…

A: The conceptual formula is represented mathematically:

Q: Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000,…

A: Earnings before interest and taxes: Earnings before interest, depreciation and taxes are the…

Q: The tax rate applicable to Blue Co. is 20%. The firm pays 5% interest on the P350,000 outstanding…

A: Outstanding loan = P 350000 Interest rate = 5% Tax rate = 20% Preferred dividends = P 16500

Q: The net profit margin tells how much profit a company makes for every dollar it generates in…

A: Net income: Income reported at the last line of the income statement is known as net income. It is…

Q: The net profit margin tells how much profit a company makes for every dollar it generates in…

A: In this we have to use common finance terms and theory.

Q: A company buys 2mm items for $3 each and sells 1mm of those items during a year for $6 each.…

A: EBITDA: EBITDA is an acronym of earnings before interest, taxes, depreciation, and amortisation, is…

Q: Vapor Lock Motors’ EBIT is $7,000,000, the company’s interest expense is $2,000,000, and its tax…

A: DFL means how much the earnings of a firm change due to change in the debt-equity ratio of the firm.…

Q: Your firm has net income of $315 on total sales of $1,260. Costs are $700 and depreciation is $110.…

A: Net income = $315 Depreciation = $110

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: 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: XYZ Co has disclosed the following financial information for the period ending 12/31/19: sales of…

A: Sales = $1,522,982 Cost of goods sold = $825,220, Depreciation expenses = $101,083 Interest expenses…

Q: Carr Auto Wholesalers had sales of $1,040,000 in 20XX, and the cost of goods sold represented 74…

A: An income statement is the one prepared by the company in a structured manner to determine the net…

Q: The S&H construction company expects to have total sales next year totaling $14,500,00 In addition,…

A: Given information, Total Sales =$14,500,000 Interest expenses =$318,000 Cost of goods sold =58% of…

Q: Compute the income after income tax given the following: Net Sales of 100,00,00.00; Marketing…

A: Given Information: Net Sales = 100,000,000 Marketing Expense = 5,000,000 Tax Rate = 30% Income after…

Q: Using WACC, ignoring taxes, compute the cost of capital of a company with debt ratio of 0.75:1 and…

A: Debt ratio = 0.75 Equity ratio = 1-0.75 = 0.25 Debt cost = 4% Equity cost = 5%

Q: The net profit margin tells how much profit a company makes for every dollar it generates in…

A: given N= net income I = income before tax Tax rate = 20% M(N,R) = NR

Q: The H.R. Pickett Corp. has $500,000 of debt outstanding, and it pays an annual interest rate of 10%.…

A: The times earned interest ratio is comparing the earnings before interest and taxes to interest…

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 net sales amounted to P200,000, net income before tax is P80,000 and the income tax rate is…

A: Profit margin ratio is the profitability ratio which shows ratio of net income with net sales in the…

Q: f Average assets and capital are 900,000 and 540,000, respectively, with an ROE of 0.046, how much…

A: Average Assets are 900,000 Capital is 540,000 ROE is 0.046

Q: Humphrey Hotels’ operating income (EBIT) is $40 million. The company’s times interest earned (TIE)…

A: Return on Assets is the ratio that shows the profitability of the assets of the company which means…

Q: Keller Cosmetics maintains an operating profit margin of 9.00% and a sales-to-assets ratio of 3.90.…

A: Note: Given situation consists of multiple questions and in this situation, no specified one…

Q: 7. If net sales amounted to P200,000, net income before tax is P80,000 and the income tax rate is…

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

Q: Santos Company had a 40 percent tax rate. Given the following pre-tax 21) amounts, what would be the…

A: Income tax is charged on the net income of the business. The net income is the Excess of revenue…

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: Duval Manufacturing recently reported the following information:Net income $600,000ROA 8%Interest…

A: Given that;Net income is $600000ROA is 8%Tax rate is 35%Interest expense is $225000

Q: The tax rate applicable to Ivan Co. is 20%. The firm pays 5% interest on the P350,000 outstanding…

A: Interest paid = Face value of Loan * Interest rate =350000 * 5% = 17500

Q: An all -equity firm reports a net profit margin of 12% on sales of $6 million. If the tax rate is…

A:

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: erhad has the following income statement items for 2021:   Revenue/Sales RM4,801,139 Finance…

A: We need to compute earnings before tax.

Q: Consider the following income statement for Jordan Corporation: Jordan Corporation Income Statement…

A:

Q: A company wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the…

A: Formula: Net income after taxes = Pretax income - Tax amount.

Q: Brick House Cafe has a tax rate of 35 percent and paid total taxes of $49,700. The company had an…

A: The interest is the cost of financing by the company during the year. It will be using as a tax…

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: The tax rate applicable to Blue Co. is 20%. The firm pays 5% interest on the P350,000 outstanding…

A:

Q: The financial breakeven point of Soil Inc. is P90,000, while the tax rate applicable to the company…

A: Interest paid = Outstanding loan * Interest rate = 200000*10% = P20000

Q: Suppose your firm receives a $4.34 million order on the last day of the year. You fill the order…

A: Hey, since there are multiple subpart questions posted, we will answer the first three questions. If…

Q: A firm has a profit margin of 15% on sales of $20,000,000. If the firm has debt of $7,500,000, total…

A: Return on assets (ROA) is the return that the company earns from the assets invested in the…

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

A: The Revenue and expenses of  company are given Required   What would be the income tax expense…

Q: The firm X has sales of $420,000, a tax rate of 32%, the payout ratio of 35%, and a net profit…

A: The given data are -  Sales =$420,000 Net profit margin =6% So, Net Profit margin = Net profit/Sales…

Q: wok Enterprises has the following income statement. How much after-tax operating income does the…

A: After- tax operating income takes into consideration only principal revenue generating activities.…

Q: Humphrey Hotels’ operating income (EBIT) is P40 million. The company’s times interest earned (TIE)…

A: In terms of accountancy, assets are the business items which provides benefit over a long period of…

Q: Your firm has total sales of $10,508. Costs are $6,062, depreciation expense is $1,188, and the…

A: Net profit margin = Net profit / Sales where, Net profit = Total sales - costs - depreciation…

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…