Sales = 509,600
Costs = 448,150
Gross profit = Sales - Costs
Gross profit = 509600-448150 = 61,450
Depreciation expense = 36,100
EBIT = Gross profit - Depreciation
EBIT = 61,450 - 36,100 = 25,350
Interest = 12,400
EBT = EBIT - Interest expense = 25,350 -12,400 = 12,950
Net income = EBT*(1-tax rate)
Net Income = 12,950*(1-0.28) = 9,324
Net Income = $9,324
Answer:
National law school of thought
Explanation:
The natural law school of thoughts refers to analyze the behavior of humans also it figured out the moral rule occurs from the behaviors.
It is inherent laws that are applied to all societies, communities, etc also it is common for all whether it is mentioned or officially announced
It should be rational and reasonable too
Therefore the given scenario represents the National law school of thought
I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS
Answer:
First plane = 3.5 years
Second plane = 4 years
The first plane should be chosen.
Explanation:
Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.
Payback period = Cost/ annual cash flows
For the first plane: $23,100,000 / 6,600,000 = 3.5 years
For the second plane = $32,000,000 / $8.000,000 = 4 years
Using the cash payback period, the plane with the shorter payback period would be chosen. So the first plane would be chosen.
I hope my answer helps you
Answer:
1/4
Explanation:
MPC = dC/dY
dC is the change in consumption
dY is the change in demand for goods and services.
MPC = 15/60 = 1/4
If allowance is made for crowding out, the new estimate will be larger.
