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xxMikexx [17]
3 years ago
12

Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $50,000; costs = $21,400; add

ition to retained earnings = $8,000; dividends paid = $1,100; interest expense = $5,400; tax rate = 35 percent. (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.)
Mathematics
1 answer:
Gwar [14]3 years ago
7 0

Answer:

$9,200

Step-by-step explanation:

Data provided in the question:

Sales = $50,000

Costs = $21,400

Interest Expense = $5400

Addition to retained earnings = $8,000

Dividend paid = $1,100

Tax rate = 35%

Now,

Net income = Addition to retained earnings + Dividend paid

= $8,000 + $1,100

= $9,100

EBT = Net income ÷ (1-tax rate)

= $9,100 ÷ (1 - 0.35)

= $14,000

Tax paid = EBT × 0.35

= $14,000 × 0.35

= $4,900

EBIT = Interest Expense + EBT

= $5,400 + $14,000

= $19,400

Now,

Depreciation = Sales - costs - EBIT

= $50,000 - $21,400 - $19,400

= $9,200

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A boat moves 60 kilometers east from point A to point B. There, it reverses direction and travels another 45 kilometers toward p
anyanavicka [17]
Total distance =  sum of the distances run:60 km + 45km = 105 km

Displacement: difference between iniital position and final position: 0 + [60km - 45km] = 15 km 
3 0
3 years ago
The mean of the following frequency distribution is 25.2. Find the missing frequency x.
sattari [20]

Answer:

Solution:-

Frequency Distribution     Frequency     Mid values     F*M

0 - 10                                    8                     5                40

10 - 20                                  x                    15               15x

20 - 30                                 10                   25               250

30 - 40                                 11                   35               385

40 - 50                                  9                    45               405

_____________________________________________________

                                         Σf = 38+x                      Σfm = 1080+15x

______________________________________________________

Given Mean = 25.2

Mean = Σfm/Σf

25.2 = 1080+15x/38+x

25.2 × (38+x) = 1080+15x

957.6+25.2x = 1080+15x

25.2x - 15x = 1080 - 957.6

10.2x = 122.4

x = 122.4/10.2

x = 12

Missing frequency = 12  Answer

4 0
2 years ago
Help will mark brainliest
yan [13]

9514 1404 393

Answer:

  y = 2/3x -20/3

Step-by-step explanation:

The perpendicular line will have a slope that is the opposite of the reciprocal of the slope of the given line:

  -1/(-3/2) = 2/3

You can use the point-slope form to write the equation of that perpendicular line.

  y -k = m(x -h) . . . . . line with slope m through point (h, k)

  y +2 = 2/3(x -7) . . . . . the equation of the perpendicular line

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This can be put into slope-intercept form by solving for y and simplifying.

  y +2 = 2/3x -14/3

  y = 2/3x -20/3

7 0
2 years ago
Construct a circle graph that represents the following data concerning the monthly expenses for a family budget.
rodikova [14]

Answer:

The circle graph is attached.

Step-by-step explanation:

a) Data and Calculations:

Monthly Expenses for a Family Budget

Expenses   Percentage   Degree

Housing            35%        130°  (360° * 35%)

Food                  14%         50°  (360° * 14%)

Clothing            17%          60°  (360° * 17%)

Entertainment  12%          40°  (360° * 12%)

Auto                22%           80°  (360° * 22%)

b) The result shows that Housing expense took more than one-third of the circle with auto expenses occupying the next biggest chunk of the circle.  Clothing came third to occupy one-sixth of the circle, with food and entertainment trailing behind with less than one-sixth of the circle respectively.

Download xlsx
6 0
3 years ago
80 POINTS! WILL GIVE BRAINLY
PSYCHO15rus [73]

Answer:

Step-by-step explanation: No, Gavin is not correct because 284.42 is less than 400 the equation is 200(1+0.09/2)^8 when solved you get 284.42 which is not enough.

Step-by-step explanation:

simplifying this

Ok so do 0.09/2 which is 0.045 then add 1 so you get 200•1.045^8 then you do 1.045^8= 1.422100.... so I did 1.422100•200 to get the final answer of 284.42

8 0
3 years ago
Read 2 more answers
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