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Tasya [4]
2 years ago
6

Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, an

d a tax rate of 21 percent. What is the net income for this firm
Business
1 answer:
LenaWriter [7]2 years ago
3 0

Based on the information given the net income is $278,870.

<h3>Net income </h3>

Sales $742,000

Less Costs ($316,000)

Les Depreciation ($39,000)

EBIT $387,000

Less Interest ($34,000)

Taxable Inc. $353,000

Taxes (21%) $74,130

($353000×21%)

Net Income $278,870

($353,000-$74,130)

Inconclusion the net income is $278,870.

Learn more about net income here:brainly.com/question/15530787

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A detailed description of the money your business makes and expends every month for the first year is called a(n) A cash-flow st
Oksana_A [137]

Hello there,

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Answer: Cash-flow statement.

6 0
3 years ago
One of the most dramatic changes in connectivity and communications in the past few years has been _______.
bekas [8.4K]

The right phrase to fill the blank is: widespread use of mobile devices with wireless internet connectivity.

This is one of the major changes that have occurred in recent years, where we no longer have to access internet from local area network connection which requires a cable for you to connect to the internet and a computer is no longer necessary to be able to use it as well.

5 0
3 years ago
A bond is a(n):Group of answer choices a) legal promise to repay a debt. b) agreement issued by a financial intermediary linking
aliya0001 [1]

Answer:

a) legal promise to repay a debt.

Explanation:

A bond is an agreement that is made between the issuer or the bank or the financial institution and the borrower.  

The agreement was made in written specify the terms and conditions which involve the borrowed amount, interest rate, and the time period in which the borrower promises to pay back the money to the financial institution.  

3 0
3 years ago
3) Tobi owns a perpetuity that will pay $1,500 a year, starting one year from now. He offers to sell you all of the remaining pa
Lesechka [4]

Answer:

you should pay up to $2,737.84 to Tobi

Explanation:

first, the terminal price of the perpetuity must be determined = annual payment / r = $1,500 / .08 = $18,750

now, the present day value of the future terminal value

present value = future value / (1 + r)ⁿ = $18,750 / (1 + 8%)²⁵ = $2,737.84

5 0
2 years ago
The area of a patio is 5 5/8 square yards and its length is 1 1/2 yards. What is the patios width in yards?
Angelina_Jolie [31]
The formula to find the area of a rectangle is
Area=length*width
( area equals length times width)

So you substitute the values in the problem into the equation above.
5 5/8=1 1/2* w

Then you can solve the equation by dividing the 5 5/8 by the 1 1/2, cancelling out 1 1/2 and leaving the w by itself on one half of the equal sign
You are left with
3 3/4 = w

The width of the patio in yards is 3 3/4.
(Just ask if you have more questions or I didn't explain something clearly)
8 0
3 years ago
Read 2 more answers
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