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
lawyer [7]
3 years ago
12

Use the information to answer the following questions. XXX, Inc. Balance Sheet 2018 2017 2018 2017 Cash 200 450 Accounts Payable

600 700 Accounts Receivable 2500 3600 Accruals Notes Payable 500 900 1200 1000 Inventory 2000 3200 Total CL 2000 2900 Total CA 4700 7250 Long Term Debt 3000 3970 Gross Fixed Assets 6500 7200 Common Stock 3000 3100 Less Acc. Depreciation 1200 1000 Retained Earnings 2000 3480 Net Fixed Assets 5300 6200 Total Equities 5000 6580 Total Assets 10000 13450 Total Liab. & O.E. 10000 13450 XXX, Inc. Income Statement 2018 EBITDA 3500 Depreciation 200 EBIT 3300 Interest Expense 1300 EBT 2000 Taxes 700 Net Income 1300 Dividend Paid 3160 What is the 2018 Net Operating Profit After Taxes (NOPAT)?
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

$2,145

Explanation:

For the computation of Net Operating Profit After Taxes (NOPAT) first, we need to compute the tax rate which is shown below:-

Tax rate = Tax expense ÷ Earnings before tax

= 700 ÷ 2,000

= 35%

Net Operating Profit After Taxes (NOPAT) = EBIT × (1 - tax rate)

= 3,300 × (1 - 35%)

= $2,145

Therefore for computing the Net Operating Profit After Taxes (NOPAT) we simply applied the above formula.

You might be interested in
Today, money comes in many different forms. When you go to purchase something at a store, you pay money in the form of cash, a c
seropon [69]

Answer:

The Tulip Mania in Holland went to a economic collapse in the value of Tulip bulbs in 1637. Stating this, even though, it didn't affect the Dutch economy at the time, since the Dutch Republic was the leading economy in the 17th century. Stating this, if Holland was did not possess financial stability, the following potential problems might occur:

1. The entire Dutch Republic might go into a depression, making every form of  consumable and necessities inflated and money invaluable.

2. Might lead to a higher rate of unemployment, consequently resulting in other harmful factors like death.

3. Lastly, stating all of this, it would push back development for the Dutch and slow down progression.

Explanation:

I tried my best :)

7 0
3 years ago
When the price of insulin was $10 consumers demanded 100 units, when the price was $15 consumers demanded 100 units, and when th
Flura [38]
Very straightforward
8 0
3 years ago
1. Beginning inventory plus net purchases equals
Morgarella [4.7K]

Answer:

D. cost of goods available for sale.

Explanation:

The cost of goods available for sale, also known as the total inventory, represents the total amount of finished products that a company had in its store for selling. The calculation of costs of goods available for sale involves adding beginning stock to the net purchases.

Beginning inventory is the ending balance in the previous financial period. It is the finished product balance brought forward of the prior period. Net purchases are the purchases adjusted for discounts and purchase returns. The costs of goods available for sale minus ending inventory will equal to the costs of goods sold.

5 0
3 years ago
What does it mean to have an "absolute advantage” in production?
Shalnov [3]

Answer:

In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources

(i.e :  India has an absolute advantage in operating call centers compared to the Philippines because of its low cost of labor and abundant labor force.)

Explanation:

5 0
3 years ago
At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000
ki77a [65]

Answer:

$5,000

Explanation:

Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares

Using this formula

Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased

Let plug in the formula

Amount to be reported as investment income=$25,000 x 20%

Amount to be reported as investment income= $5,000

Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000

3 0
3 years ago
Other questions:
  • Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe
    11·1 answer
  • 1.​Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts
    8·1 answer
  • Effective lessons planning helps early childhood teachers
    10·1 answer
  • A company issued $50,000 of 8%, 10-year bonds on January 1. The bonds pay semi annual interest. The present value factor of a si
    11·1 answer
  • A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profi
    14·1 answer
  • A stock is currently priced at $52.50 a share. One year from now, the stock price is expected to be either $54 or $60 a share. T
    14·1 answer
  • The following data is from the income statement of Ralston Company: Revenue$36,000 Cost of goods sold (14,400) Operating expense
    8·1 answer
  • Elasticity is a. a measure of how much buyers and sellers respond to changes in market conditions. b. the study of how the alloc
    12·1 answer
  • Horford Co. has no debt. Its cost of capital is 8.9 percent. Suppose the company
    13·1 answer
  • What are examples of financial goals? Check all that apply.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!