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3 years ago

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:

Computation table:

Particular Amount

Sales $50,000

Less: Costs $23,000

Less: Depreciation $2,250

EBIT $24,750

Less: Interest $2,000.

EBT $22,750

Less: Tax (23%) $5,232.50

Net Income $17,517.50

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

$21,767.50

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2 years ago

A problem in developing effective compensation for teams is that: Multiple choice question. rewarding individuals erodes cohesiv

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2 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

goblinko [34]

Answer:

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Commercial Division = $125,000

Explanation:

Divisional income from operations for the Retail Division and the Commercial Division

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3 years ago