Answer:
$31.76 million
Explanation:
Economic Value Added is the residual wealth left for shareholders after having accounted for the financing needs of the company as shown by the formula below:
EVA=NOPAT-(WACC*invested capital)
NOPAT is the net operating profit after tax =operating profit(EBIT)*(1-tax rate)
Net income=Earnings before tax*(1-tax rate)
net income= $55 million
EBT=unknown
tax rate=40.0%
$55=EBT*(1-40.0%)
$55=EBT*0.60
EBT=$55/0.60
EBT=$91.67
EBIT=EBT+interest
EBIT=$91.67+$19
EBIT=$110.67
NOPAT=$110.67*(1-40%)
NOPAT=$66.41
WACC=9.0%
perating capital employed=$385
EVA=$66.41-(9.0%*$385)
EVA=$31.76 million
operating capital em
Answer:
12
Explanation:
Calculation to determine Determine the company's price-earnings ratio
First step is to calculate the Earnings per Share
on Common Stock
Earnings per Share
on Common Stock = ($410,000 – $60,000) ÷ $50,000
Earnings per Share on Common Stock = $7
Now let calculate thecompany's price-earnings ratio
Price-Earnings Ratio = $84÷$7
Price-Earnings Ratio = 12
Therefore the company's price-earnings ratio is 12
Answer:
The total amount budgeted for product costs for July is $10,875.
Explanation:
Consider the following formula to calculate the total amount budgeted.
Budgeted gross profit = Budgeted sales-budgeted cost of goods sold
= 725*$30 - $10,875 = $10,875.
The difference between last year's and this year's sales in percentage 325000-250000=75000/250000*100
=30%
By sales, what do you mean?
Any exchange of money for tangible or intangible products, services, or assets between two or more persons is referred to as a sale. Other assets may in some situations be given to a seller.
Why are sales crucial?
Sales are crucial in creating consumer loyalty and trust with businesses. Customers choose to promote your business to friends and family and to post positive reviews of your goods and services online mostly because they have faith in you and value your loyalty.
To know more about sales
brainly.com/question/25586322
#SPJ4
Answer:
40%
Explanation:
Devana owns 40% of GW Corp. despite having another 40% shares in Alpine Inc. This is as a result of Devana not having up to 50% shares in Alpine Inc.
Without up to 50% shares in Alpine Inc, the shares of Alpine Inc. in GW Corp. cannot be attributed to Devana.
This means that for Devana to own Alpine Inc shares in GW Corp. it has to acquire 10% more in addition to the 40% it already has.
Cheers.
