Answer:
The answer is "
"
Explanation:
Following are the Cap rate:
Answer:
$ 1.75 million
Explanation:
EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.
So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,
<u>Reconciliation of EBITDA to the Net Income</u>
EBITDA $7.5 million
Less Net income ($2.1 million)
Interest, Tax, Depreciation and Amortization $5.4 million
Less Interest expense ($2.0 million)
Less Corporate tax ($7.5 million - $2.0 million) × 30% ($1.65 million)
Charge for depreciation and amortization $ 1.75 million
Answer:
e. $42,438
Explanation:
The computation of the retained earning is shown below:
Earning after tax = Sales - cost - depreciation expense - interest expense - income tax expense
= $318,400 - $199,400 - $28,600 - $1,100 - $30362
= $58,938
The income tax expense equal to
= (Sales - cost - depreciation expense - interest expense) × tax rate
= ($318,400 - $199,400 - $28,600 - $1,100) × 0.34
= $30362
Now the retained earning equal to
= Earning after tax - dividend paid
= $58,938 - $16,500
= $42,438
Answer:
The correct answer is defined contribution plan.
Explanation:
The defined contribution plan is a pension plan in which the company agrees to make monetary contributions each year for the benefit of the employee.
Generally, in a defined contribution plan the employee has the right over the invested assets and is free to withdraw the accumulated funds if his retirement occurs prematurely. For this reason, the defined contribution plans are said to have portability, that is, if the employee ends his employment relationship with the company, he can transfer his funds to his new company's pension plan or to a private pension plan.
Upon retirement, the employee can access the accumulated funds, but unlike in the defined benefit plans, no amount is guaranteed. The investment risk is assumed entirely by the employee.
For example, the company can contribute 1% of salary to a pension fund every month. The employee can also contribute part of his salary to this plan.
