Answer:
$1,500
Explanation:
Given that,
Sales = $9,000
Operating costs = $6,000
Depreciation = $1,500
Interest rate = 7%
Federal-plus-state income tax rate = 40%
Operating income or EBIT:
= Sales - Operating costs - Depreciation
= $9,000 - $6,000 - $1,500
= $1,500
Here, the interest rate and taxes were ignored as we want to determine the operating income or earnings before interest and taxes. Interest on bonds is a non operating income.
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Answer: The correct answer is choice c.
Explanation: Asymmetric information is the term that is used to refer to a situation in which on part to an economic transaction has less information than the other party. This term is also known as information failure.
Answer:
every single city has 2 - 3 Walmart's