Answer:
$1,269.46
Explanation:
Earnings Before Interest and Tax (EBIT) refers to the net income which is a difference between the revenue of an organisation and the expenses that were incurred in order to generate that revenue. The calculation of the EBIT is usually for a particular year and it is usually found in the Income Statement part of an organisation's financial statement.
To calculate the EBIT therefore, the Tax as well as interest must be added back to the Net Income after tax (usually added to retained earnings)
Therefore, Net Income = Dividends paid + Net Income (added to retained earnings)
= $75 + $418 = $493 - This represents a partial net income
The next step is to calculate the taxable income as follows:
The net income is $493, and the Tax rate is 35%
Taxable Income = $493/ (1-0.35) = $758.46
Earnings before interest and tax therefore =
Interest paid + Taxable Income
= $511 + $758.46 = $1,269.46
Answer:
1,2,4,3
Explanation:
Liquidity measures how quickly an asset can be converted and used as a medium of exchange.
$50 bill is the most liquid because it can be readily used as a medium of exchange without any conversion.
The funds in a savings account is the second most liquid because because it must first be withdrawn from a bank account before it can be used as a medium of exchange. It can be converted to a medium of exchange within a day.
A bond issued by a publicly traded company is the third most liquid because it takes a longer period for it to be converted to cash.
A boat is the least liquid because it takes a long while to find a buyer for a boat.
I hope my answer helps you.
Answer:
$10,000 loss
Explanation:
Barry bought a property for $60,000. He sells it for $100,000 to a company he owns 50% of. 50% of $100,000 = $50,000. He bought it for $60,000 and sold it for $50,000... that's a $10,000 loss. But they did say they are keeping the property for resale so there still may be hope :D
Liberal humanism is a philosophical stance that highlights the agency and value of human beings, both individually and collectively.
The answer is A, occur when a taxpayer's income tax withholding exceeds what they owe.
