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n200080 [17]
4 years ago
7

In its fourth year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $123,88

4 and its depreciation and amortization expense is expected to be $25,252. If the company’s tax rate is 35%, what is the project’s expected net operating profit after taxes for the year?
Business
1 answer:
Talja [164]4 years ago
5 0

Answer:

$64,111

Explanation:

The computation of the project’s expected net operating profit after taxes for the year is shown below:-

Earning before interest and tax is

= earnings before interest, taxes, depreciation, and amortization - depreciation and amortization expense

= $123,884 - $25,252

= $98,623

Profit After tax = Earning before interest and tax × (1 - Tax rate)

= $98,623 × (1 - 35%)

= $64,111

Therefore we have applied the above formula to reach the profit after tax.

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Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $165,000 were on hand. Not included i
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4 years ago
When banks try to make their positioning strategies tangible through the ________ dimension, they make sure the exterior and int
Andru [333]

Answer:

Place

Explanation:

When banks try to make their positioning strategies tangible through the <u>Place</u> dimension, they make sure the exterior and interior have clean lines, the layout of the desks and the traffic flow are planned carefully, and waiting lines are not overly long.

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3 years ago
Plummer Industries purchased a machine for $43,800 and is depreciating it with the straight-line method over a life of 8 years,
tensa zangetsu [6.8K]

Answer:

$2,580

Explanation:

Depreciation = (Cost - Residual Value)/ Useful life

Yearly depreciation = ($43-800 - $3000)/8 = $5100

At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500

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3 years ago
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