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Ket [755]
2 years ago
5

Baldwin's ebit (earnings before interest and taxes) last year was $21,771,033. what was baldwin's net profit?

Business
1 answer:
Ganezh [65]2 years ago
3 0

Baldwin's EBIT (earnings before interest and taxes) last year was $21,771,033.    $223,085 was Baldwin's net profit.

Earnings before interest and taxes (EBIT) is a measure of a company's profitability. EBIT can be calculated as revenue minus expenses, excluding taxes and interest. EBIT is also known as operating profit, operating profit, and profit before interest and tax.

Earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation, and amortization (EBITDA) are very similar profitability measures. However, EBITDA adds depreciation, while EBIT does not. Both formulas start with net income, plus interest and taxes.

Operating profit is an important figure that managers should pay attention to because it reflects the income and expenses that they can control. Operating profit and EBIT (earnings before interest and tax) are the same.

Learn more about  EBIT here

brainly.com/question/14565042link

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Markup represents an amount needed to cover operating expenses. <br> a. True<br> b. False
Illusion [34]
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
8 0
3 years ago
Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a?
puteri [66]

Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a controllable variance. Therefore, the option B holds true.

<h3>What is the significance of controllable variance?</h3>

Controllable variance can be referred to or considered as a variance that computes the difference between the actual quantity and the budgeted quantity sold or consumed by a firm in an economy. It can never be deficit, and is always in surplus of the budgeted amounts.

Therefore, the option B holds true and states regarding the significance of controllable variance.

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The question seems to be incomplete. It has been added below for better reference.

Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a:

a. quantity variance

b. controllable variance

c. volume variance

d. rate variance

8 0
2 years ago
__________ are electronic markets in which banks and institutional traders buy and sell various currencies on behalf of business
Yakvenalex [24]

<u>Foreign Exchange Market</u> are electronic markets in which banks and institutional traders buy and sell various currencies on behalf of businesses and other clients

<h3>What is Foreign Exchange Market?</h3>

A decentralized, open market where currencies are traded on a worldwide scale is known as the foreign exchange market. For every currency, this market establishes exchange rates. It covers every facet of acquiring, disposing of, and exchanging currencies at the going rate or set rate.

<h3>Why foreign exchange is important?</h3>

Foreign exchange refers to the exchange of various national currencies or units of account. It is crucial because a country's economic health and, consequently, the happiness of all its citizens, are determined by the exchange rate, or the cost of one currency in relation to another.

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3 0
2 years ago
The phrase laissez-faire means which of the following?
Ksivusya [100]
Hey there!

The phrase “laissez-faire” means “Let it be” originally but in the choices you provided In your answers above the closes to it would mostly be ‘to let be’ would be your answer


Answer: B. To let be


Good luck on your assignment and enjoy your day

~LoveYourselfFirst:)
6 0
3 years ago
Mr. Barker enjoys a comfortable retirement income. He recently had surgery and expected that he would have certain services and
olasank [31]

Answer:

What you could tell him is that you can offer to help him review all the plans appeal process as well as to help him ask the plan to review his coverage decision which will enable him to know why he had large charges in excess of his maximum out-of-pocket limit.

Explanation:

Based on the information given we were told that when he received the bill, their was large charges in excess of his maximum out-of-pocket limit which is a limit on the amount of money a person or an individual have to pay for covered medical care services in which we were still told that the large charges in excess of his maximum out-of-pocket limit also include a number of services and items he thought would be fully covered, therefore since he called you to ask what he could do, What you could tell him is that you will offer to help him review all the plans appeal process and to as well help him to ask the plan to review the coverage decision which is why coverage decision is of benefit because it enables a person or an individual to makes decision about their benefits including the amount they have to pay for their medical services plan.

6 0
3 years ago
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