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Helen [10]
3 years ago
10

Rao Construction recently reported $28.00 million of sales, $12.60 million of operating costs other than depreciation, and $3.00

million of depreciation. It had $8.50 million of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. What was Rao's operating income, or EBIT, in millions? a. $12.40 b. $11.66 c. $11.78 d. $13.52 e. $12.15
Business
1 answer:
stich3 [128]3 years ago
6 0

Answer:

a. $12.40

Explanation:

EBIT stands for earnings before interest and taxes; therefore, interest and taxes rates should not be considered. The EBIT is determined as the amount from sales deducted by operating costs and depreciation. The EBIT is:

EBIT = \$28.00-\$12.60-\$3.00\\EBIT=\$12.40

The answer is alternative a. $12.40.

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Mary 44 has income from wages, a rental property and self employment . which forms will she most likely need to file ?
Dima020 [189]

Answer:

sry pls mark as brainlist

Explanation:

 

6 0
3 years ago
You run a school in Florida. Fixed monthly cost is $5000 for rent and utilities, $3000 is spent in salaries and $500 in insuranc
MissTica

Answer:

the indifference point is at 12.5

as there can't be 12.5 student it will be between 12 and 13 student per month.

Explanation:

the indifference point will be when the two alternatives yield the same result

(sales price - variable cost)Q - fixed cost = operating income

current scenario:

(1,000 - 90) Q - 8,500  

proposed scenario:

(1,500 - 150)Q - 14,000

We equalize each other and solve for Q

(1,000 - 90) Q - 8,500   =  (1,500 - 150)Q - 14,000

910Q - 8,500 = 1,350Q - 14,000

14,000 - 8,500 = (1,350 - 910)Q

        5,500     =       440Q

    5,500/440 =        Q

              12.5  =        Q

5 0
3 years ago
What is the relationship between the price level and the following components of aggregate demand. a. There is relationship betw
mojhsa [17]

Answer:

a. Negative

b. Negative

c. No

d. Negative

Explanation:

a. There is a negative relationship between price level and consumption. As the price level increases, the real money income and purchasing power of consumers decline. This causes their consumption spending to decline as well.  

b. There is a negative relationship between the price level and investment. A decline in the price level implies that the consumers will need a lesser amount of money. This will cause the demand for money to decrease. The leftward shift in the money demand curve will cause the interest rate to fall. At a lower interest rate, the investment will be higher.  

c. There is no direct relationship between the price level and government spending. An increase in government spending will increase aggregate demand. This, in turn, will cause the price level to increase. Though an increase in price level does not essentially cause government spending to increase.  

d. A higher price level will make domestic goods expensive as compared to imports. This will cause the imports of goods to increase and exports to decline. So an increase in price will cause the net exports to fall.

7 0
4 years ago
A 14 kg cannon ball is fired from a cannon with muzzle speed of 1319 m/s at an angle of 19.1 ◦ with the horizontal. The accelera
Paha777 [63]

Answer:

hf = 9494.338 m

Explanation:

m = 14 Kg

vi = 1319 m/s

hi = 0

∅ = 19.1º

viy = vi*Sin ∅ = (1319 m/s) * Sin 19.1º = 431.6 m/s

vfy = 0

We can apply

Ei = Ef

Ki + Ui = Kf + Uf

⇒  0.5*m*viy² + m*g*0 = 0.5*m*0² + m*g*hf

⇒  hf = (0.5*viy²) / (g)

⇒  hf = (0.5*(431.6 m/s)²) / (9.81 m/s²)

⇒  hf = 9494.338 m

7 0
3 years ago
Which step is the most important step in the decision making process?.
bulgar [2K]

Answer:

The most important step of the decision-making process is: Assessing the possible uncertainties in the future course of action. It is a must for any of the firms to assess or evaluate the possible risks or the uncertainties associated with the firm operation and functioning.

5 0
3 years ago
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