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
frez [133]
2 years ago
10

Smashed Pumpkins Co. paid $192 in dividends and $617 in interest over the past year. The company increased retained earnings by

$516 and had accounts payable of $678. Sales for the year were $16,510 and depreciation was $748. The tax rate was 35 percent. What was the company's EBIT
Business
1 answer:
stepan [7]2 years ago
6 0

Answer:

See below

Explanation:

Dividends paid last year = $192

Retained earnings = $516

Net income = Retained earnings + Dividend paid

= $516 + $192

= $708

Tax rate = 35%

Earnings before tax EBT = Net income / 1 - Tax rate

= $708 / 1 - 0.35

= $1,089

Interest expense = $617

Earnings before interest and tax EBIT = EBT + Interest expense

= $1,089 + $617

= $1,706

You might be interested in
Please can u explain 5 types of ledgers​
horsena [70]

Answer:

1. Sales ledger

2. Purchase ledger

3. Cash ledger

4. General ledger

8 0
3 years ago
Read 2 more answers
Compare and contrast the U.S. Constitution and the Arizona Constitution. Discuss three findings that account for the significant
marysya [2.9K]

Development, Structure and powers of U.S constitution and Arizona constitution have a huge comparison.

<u>Explanation: </u>

Unlike the United States Constitution, which was embraced in 1787, that wasn't until 1912 that perhaps the Arizona Constitution was accepted, leading to the creation of the 48 states

The common terms,' we the people' all constitutions begin with, but include many different things. After all, there were certain differences between one condition and another for a set of fifty.

The Arizona Constitution states that the legislature must be split into three parts-Legislative, Legislative and executive–which are not applicable to the United States Constitution

Many think of forms to deny or expel someone from office. They will enforce them in both Constitutions. All define the qualifications for their office if they would like to run for office. Another connection that I found was apparent but significant nonetheless.

They both mention the theme of religious liberty, one of the most valuable values in our society. Eventually, both inspire their lawmakers to negotiate with them.

5 0
3 years ago
What is the deadline within which HUD must complete a discrimination investigation once a complaint is received
goldenfox [79]

two (2) years of the most recent date of alleged discriminatory action.

What is HUD ?

The United States government's Department of Housing and Urban Development (HUD) was established in 1965 as a part of then-President Lyndon Johnson's Great Society program to broaden the nation's welfare state. Its main goal is to increase chances for affordable homeownership in order to strengthen the inner-city housing market and homeownership.

The goals of HUD's programs are to expand safe and inexpensive rental options, decrease chronic homelessness, combat housing discrimination by providing equitable access to the rental and purchase markets, and assist disadvantaged groups.

The U.S. government's Department of Housing and Urban Development (HUD) promotes neighborhood growth and house ownership.

Based on sex, race, color, national origin, religion, family status, and disabilities, the Fair Housing Act outlaws discrimination in housing.

Learn more about HUD with the help of given link:-

brainly.com/question/10405416

#SPJ4

8 0
2 years ago
Many classic entrepreneurs are _____ who start small and plan to keep their business small. Group of answer choices interpreneur
Lisa [10]

Many classic entrepreneurs are micropreneurs who start small and plan to keep their business small.

Business is the interest of making one's residing or being profitable by producing or buying and selling products. it's also "any hobby or agency entered into for profit. A enterprise is defined as an agency or enterprising entity engaged in industrial, industrial, or professional sports. organizations can be for-income entities or non-income groups. enterprise kinds variety from confined liability businesses to sole proprietorships, agencies, and partnerships. The definition of commercial enterprise is an career or trade and the purchase and sale of services or products to make a earnings. An example of enterprise is farming. An instance of commercial enterprise is a residence sale.

Learn more about business here:brainly.com/question/24553900

#SPJ1

3 0
1 year ago
Helppppppp me please?!!!
maxonik [38]

Answer:

idk lol I just use this just so I can get my work done

5 0
3 years ago
Other questions:
  • Presented below are a number of transactions. Determine whether each transaction affects common stock, dividends, revenue, expen
    5·1 answer
  • Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive
    14·1 answer
  • According to the quantity theory of money, the quantity of money is related negatively to the nominal interest rate:
    13·1 answer
  • Cash is King!Good cash management is an essential job of the financial manager! You own a small auto sales business called King
    11·1 answer
  • What is the most appropriate thing to do when you arrive at a table with a family praying while delivering food in a restaurant?
    14·1 answer
  • (Preferred stock valuation​) You are considering an investment in one of two preferred​ stocks, TCF Capital or TAYC Capital Trus
    7·1 answer
  • PROBLEM 5 You have to design the system interconnection network of a multicomputer system. Your choices are to use an Omega or a
    13·1 answer
  • Dividing Partnership Net Income Han Lee and Monica Andrews formed a partnership, dividing income as follows: Annual salary allow
    13·1 answer
  • Discuss the relationship between a fishing business and a supermarket <br>​
    6·1 answer
  • The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!