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xeze [42]
3 years ago
12

Wilma's Widgets had net sales of $ 20,882,696 in 2010. The cost of goods sold was $ 13,765,751 , operating expenses (excluding d

epreciation) were $ 2,014,441 , interest expenses were $ 663,090 , depreciation expense was $ 1,221,755 , and dividends paid were $ 452,135 . The firm's tax rate is 35 percent. What did Wilma's Widgets report as earnings before interest and taxes (i.e., operating profit) in 2010
Business
1 answer:
Andrei [34K]3 years ago
7 0

Answer:

Wilma's Widgets will report $3,880,749.00     as earnings before interest and taxes (i.e., operating profit) in 2010

Explanation:

Earnings before interest and tax= net sales-cost of goods sold-operating expenses-depreciation

net sales is $20,882,696

cost of goods sold is $13,765,751

operating expenses  are $2,014,441

depreciation is $1,221,755

earnings before interest and tax=$20,882,696- $13,765,751- $2,014,441-$1,221,755=$3,880,749.00  

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5 0
3 years ago
If a person receives a paycheck for $600.00 and the government takes $200.00 in income taxes, it is a result of which amendment?
Ket [755]

Answer:

Sixteenth (16th)

Explanation:

The sixteenth amendment in the United States Constitution provides the right to Congress whereby, it can levy the taxes in the form of income tax on the amount of income, without segregating it in any manner, that is in no manner it is apportioned in relation to any number or weightage of the population concerned of the state.

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3 years ago
When calculating tax revenue calculate the area between the total price paid by blank and the net price received by blank from z
MrRissso [65]

Answer:

consumers; suppliers

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3 years ago
Fixed costs remain constant at​ $400,000 per month. During highminusoutput months variable costs are​ $320,000, and during lowmi
vladimir2022 [97]

Answer:

The answer is  B. ​$45.00 per​ hour; $120.00 per hour

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highminusoutput

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variable costs   320000/16000= $20

Total                                           <u>=$45</u>

<u />

lowminusoutput

Fixed costs        400000/4000  = $100

variable costs    80000/4000  = $20

Total                                           =<u>$120</u>

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3 years ago
True or false: All final purchases of plant, machinery, and equipment in a given time period are included as gross investment.
sleet_krkn [62]

Answer:

mira eso es muy fácil yo me lo sé pero no es de consultar en el internet as lo con tu mente que facil

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2 years ago
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