1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nordsb [41]
3 years ago
7

Sheaves, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000.

Business
1 answer:
Dominik [7]3 years ago
6 0

Answer:

$21,767.50

Explanation:

<u>Computation table:</u>

<u>Particular                      Amount</u>

Sales                             $50,000

Less: Costs                   $23,000

<u>Less: Depreciation       $2,250</u>

<u>EBIT                              $24,750</u>

<u>Less: Interest               $2,000. </u>

<u>EBT                              $22,750</u>

<u>Less: Tax (23%)           $5,232.50 </u>

<u>Net Income              $17,517.50</u>

$24,750 + 2,250 -5,232.50

$21,767.50

You might be interested in
A firm has a return on equity of 12.4 percent according to the dividend growth model and a return of 18.7 percent according to t
uysha [10]

Answer:

It would be wise to use the CAPM capital cost.

Explanation:

It should use the Capital Assets Pricing Model.

The market rate is not sufficient. It is included in the CAPM calculation to asses the impact in the firm or industry beta and the free-risk rate.

The return for the dividend grows model is calculated with the current stock price and expected dividends. We can't know for sure if the stock wasn't undervalued or overrated at the moment of solving for return.

The CAPM model takes consideration of the current market interest rate, the own non-diversifiable risk of the firm and the fact of a free-risk interest rate. It is the better option

8 0
3 years ago
he supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representin
nexus9112 [7]

Answer:

$6,400

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

Supplies account is an asset account and has normal balance as debit balance. It increases with the purchase and decreases with the use of supplies.

Given:

Supplies (beginning) = $4,400

Purchased (supplies) = $2,400

Supplies (ending) = $400

Let supplies expense be x.

Now,

Supplies (ending) = Supplies (beginning) + Purchased (supplies) - Supplies expense

$400 = $4,400 + $2,400 - x

$400 = $6,800 - x

x = $6,800 - $400

Supplies expense = x = $6,400

6 0
3 years ago
In the textbook by Kathleen Allen, she describes a sample protection net for an integrated circuit by describing 15 different it
Angelina_Jolie [31]

Answer:

The answer to this question can be defined as follows:

Explanation:

  • In option 1, Design safety for IP- It is the enrollment of design gives its designer to its exclusive privilege to use and enable others to be using the layout, which includes the right to produce, offer, market, import, use, or store for such reasons, an item where the design is implemented. Its design wind safety results vary between 5 and 25 years from region to region.
  • In option 2, Trade protection- A trade secret is a kind of industrial assets in the form of a non-publicly recognized and reasonably analyzable system, process, method, layout, tool, pattern, collection. It ensures a competitive edge because of its holders. Its proprietor should keep it private if a company's mystery is to be efficient.  
  • In option 3,  Its technology License for making a production comes which other rivals can not use to produce a semi-driver of this kind.
8 0
3 years ago
ABC Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year matu
Dahasolnce [82]

Answer:

Yield to call is 9.8%

Explanation:

The rate of return bonholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

C = Coupon Payment = $105 per year

F = Face value = $1,000

P = Call price = $1,100

n -= number of years to call = 5

Yield to Call = [ $105 + ( $1,000 - $1,100 ) / 5 ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $105 - 2 ] / $1,050 = $103 / $1,050 = 0.098 = 9.8%

8 0
3 years ago
1. The _____ measures your level of education and income.
musickatia [10]
1. The _____ measures your level of education and income. A. educational attainment
B. degree level
C. educational achievement
D. income-education levels

Answer: Option D. income - education levels

This is a graph (or function) that relates the education levels with income.

2. A resume does all of the following EXCEPT _____.
A. list your experience
B. list your education
C. help you apply for a job
D. find you a new job

Answer: option D. find you a job.

You have to find the job by writing a good resume and having a great interview.

3. When calculating total gross pay, you should _____.
A. use only your hourly wage
B. use your hourly wage and tips
C. use only your tips
D. use your hourly wage and tips minus any deductions
Answer: option B. use your hourly wage and tips.

Gross pay includes all the incomes without deductions.
7 0
4 years ago
Other questions:
  • Any time two or more paths of a network come together, the probability of both paths being on time is the product of the probabi
    12·1 answer
  • Please Help!<br> Looking for some cute lip gloss names, for my business
    10·2 answers
  • Robusta Coffee Importers sold 7000 units in October at a sales price of $45 per unit. The variable cost is $20 per unit. The mon
    7·1 answer
  • An economics student makes the following​ statement: ​"It's easy to understand why the aggregate demand curve is downward​ slopi
    11·1 answer
  • The best way to start the budgeting process is to:
    6·1 answer
  • One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where Group of
    15·1 answer
  • What type of account is used regularly and handles day-to-day
    11·2 answers
  • 1) There are more final consumers than business and organizational customers, so more is purchased by final consumers. Answer: F
    15·1 answer
  • Marketing is the activities, sets of institutions, and processes that add ______ for customers.
    6·1 answer
  • Drag each tile to the correct box
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!