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3 years ago

Fill in the missing numbers in the following income statement:

Business

1 answer:

kakasveta [241]3 years ago

3 0

Answer:

See below

Explanation:

EBIT = Sales - Cost - Depreciation

= $645,000 - $346,500 - $97,200

= $201,300

Taxes = EBIT × 35%

= $201,300 × 35%

= $70,455

Net income = EBIT - Taxes

= $201,300 - $70,455

= $130,845

1. OCF

= Net income + Depreciation

= $130,845 + $97,200

= $228,045

2. Depreciation tax shield

= Depreciation × Tax rate

=$97,200 × 35%

= $34,020

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forsale [732]

We can actually deduce here that early access to medical care, from ems through reperfusion, improves overall outcomes by: B. Faster access to medications that increase blood clotting.

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2 years ago

The revenue recognition principle requires that revenue be recorded: In the same period as the expenses incurred. When the goods

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When the goods or services are provided to customers.

Explanation:

Revenue recognition principle requires that the revenue berocorded when goods or services associated with it are delivered or performed. If you receive cash for the services to be performed then ot should not be recorded in the revnue until you provide the services. You should recorded it as the deffered income in the books.

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3 years ago

Leila is giving a speech about a new café that recently opened near her college campus. Her audience consists of her fellow clas

Hitman42 [59]

Answer: Discussing about the services and inexpensive items in the menu.

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She can also persuade them by telling them the services provided by cafe. The nearness of the cafe from the campus could save time of the students, thus it could be a good point to attract the students.

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3 years ago

Below is a partial portion of Jolex’s adjusted trial balance. Cash 12,692 Accounts Payable 5,443 Retained Earnings 1,593 Sales R

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Answer:

$ 5,937.00

Explanation:

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Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00

All in all,the credit to retained earnings would be $ 5,937.00

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3 years ago

AMC Corporation currently has an enterprise value (EV) of $400 million and $100 million in excess cash. The firm has 10 million

algol [13]

Answer:

a. AMC's share price prior to the share repurchase is $ 50 per share

b. AMC's share price after the repurchase if its enterprise value goes up is $75.00 per share

Explanation:

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AMC's share price prior to the share repurchase=Market Capitalization/Number of shares outstanding

According to the given data Number of shares outstanding=10 million shares

Market Capitalization=Enterprise Value + Cash in Hand

Market Capitalization=$400 million + $100 million

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Therefore, AMC's share price prior to the share repurchase=$500 Million / 10 million shares

AMC's share price prior to the share repurchase= $ 50 per share

b. To calculate AMC's share price after the repurchase if its enterprise value goes up we would have to make the following calculation:

AMC's share price after the repurchase if its enterprise value goes up=Market Capitalization/Number of shares outstanding after repurchase

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Number of shares outstanding after repurchase=Number of shares outstanding-Number of shares repurchased

Number of shares repurchased= Cash used for repurchase / Market Price per share

Number of shares repurchased=$ 100 million / $ 50 per share

Number of shares repurchased= 2 million shares

Hence, Number of shares outstanding after repurchase=10 million - 2 million

Number of shares outstanding after repurchase=8 million

Therefore, AMC's share price after the repurchase if its enterprise value goes up=$600 million/ 8 million

AMC's share price after the repurchase if its enterprise value goes up=$75.00 per share

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3 years ago