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
lidiya [134]
3 years ago
15

Companies generate income from their "regular" operations and from other sources like interest earned on the securities they hol

d, which is called non-operating income. Lindley Textiles recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,000 of depreciation. The company had no amortization charges and no non-operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus-state income tax rate was 40%. How much was Lindley's operating income, or EBIT?
Business
1 answer:
SCORPION-xisa [38]3 years ago
6 0

Answer:

$4,250

Explanation:

The computation of the operating income or EBIT is shown below:

Earning before interest and taxes = Sales reported - operating cost  other than depreciation - depreciation expense

= $12,500 - $7,250 - $1,000

= $4,250

We simply deduct the operating cost and the depreciation expense from the sales reported to arrive the earning before interest and taxes

All other information which is given in the question is not relevant. hence, ignored it

You might be interested in
Environmental factors that can directly affect your business​
marysya [2.9K]

Answer:

Examples of environmental factors affecting business include:

Climate.

Climate change.

Weather.

Pollution.

Availability of non-renewable goods.

Explanation:

Hope it helps

4 0
2 years ago
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th
Sav [38]

Answer:

Equivalent units of production= 68,000 units

Explanation:

Giving the following information:

Units started and completed= 80,000 - 20,000= 60,000

Units in ending inventory= 20,000 nits that were 40% complete in the ending work in process inventory at the end of January.

<u>To calculate the equivalent units for conversion costs, we need to use the following formula:</u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 60,000 + (20,000*0.4)

Equivalent units of production= 68,000 units

5 0
3 years ago
Jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.875.
ss7ja [257]

The options provided are incorrect. The correct answer is given below

Answer:

New Portfolio beta = 1.125

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,

Portfolio beta = wA * Beta of A + wB * Beta of B +  ....  +  wN * Beta of N

Where,

  • w represents the weight of each stock in the portfolio

New Portfolio beta = 50000/200000 * 0.8  +  50000/200000 * 1  +  

50000/200000 * 1.2  +  50000/200000 * 1.5

New Portfolio beta = 1.125

6 0
3 years ago
7. Describe two things you could emphasize about your product in order to help make it
Hatshy [7]

Segmenting and positioning are the two things to emphasize the product correctly can make it attractive to the target market.

<u>Explanation:</u>

It is important to understand the niche of the market to know the target audience in a better way. through segmenting and positioning the product the potential customers for the product can be attracted. Markets can be segmented based on the demographics.

The product can be positioned as premium, luxury or daily use products based on the features and comparing the competitor's products. Primary research of the target markets also helps to know the audience better to present the products accordingly.

7 0
3 years ago
Competition is to be expected in capitalist economies.<br><br> True<br> False
kow [346]

Answer:

True

Explanation:

Capitalism works because it encourages competition

8 0
2 years ago
Other questions:
  • An employee at a company is suffering from severe back injury, which is a covered disability. The employee comes to know of a va
    7·1 answer
  • A flood damaged several vans belonging to a nongovernmental, not-for-profit organization. A professional mechanic repaired the v
    5·1 answer
  • What are doctors paid by in the US and in the UK?
    9·2 answers
  • Many people love Wal-Mart and Microsoft.  Many people hate these companies and accuse them of acting like monopolies.  What is w
    7·1 answer
  • Action learning uses challenging, structured outdoor activities, which include difficult sports.A. TrueB. false
    9·1 answer
  • When a company’s organizational design changes, effective managers should also anticipate doing which of the following?
    12·1 answer
  • The degree of financial leverage for ABC Inc. is 2.5, and the degree of financial leverage for XYZ Corporation is 1.5. According
    11·1 answer
  • A business's source documents:_____.A. Must be in electronic form. B. Include the ledger. C. Provide objective evidence that a t
    10·1 answer
  • Tài liệu về NVL X tại 1 DN tính và nộp thuế GTGT theo phương pháp khấu trừ tháng 03/N
    15·1 answer
  • A U.S. business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!