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strojnjashka [21]
3 years ago
7

In a large corporation, shareholders responsibilities include ________.

Business
1 answer:
tankabanditka [31]3 years ago
5 0
~Hello There!~

I'd say it is Electing a board of directors.

Hope This Helps You!
Good Luck :)
Have A Great Day ^_^

- Hannah ❤
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eBook Problem Walk-Through Byron Books Inc. recently reported $12 million of net income. Its EBIT was $28.6 million, and its tax
snow_lady [41]

Answer:

Earnings Before Tax (EBT) =  $16,000,000

Interest expense = $12,600,000

Explanation:

Earnings Before Tax (EBT) =  Net Income  / (1 - Tax Rate)

Earnings Before Tax (EBT) =  $12,000,000 / ( 1 - 0.25)

Earnings Before Tax (EBT) =  $12,000,000 / 0.75

Earnings Before Tax (EBT) =  $16,000,000

Interest expense =  Earnings Before Interest and taxes (EBIT) - Earnings Before taxes (EBT)

Interest expense = $28,600,000 - $16,000,000

Interest expense = $12,600,000

              Income Statement

Details                               Amount

EBIT                                  $28,600,000

Less: Interest expenses  <u>$12,600,000</u>

EBT                                   $16,000,000

Tax at 25%                       <u>$4,000,000</u>

Net Income                      $12,000,000

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Your boss has given you permission to order new office supplies answer
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A bill in <span>the House of Representatives may only be introduced by a representative. 
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