Answers
a]
gross profit = net sales - cost of goods sold.
gross profit = 1,500,000 - 937,500 = 562,500.
b]
common equity = common stock + retained earnings = 800,000 + 25,000 = 825,000.
c]
Earnings before tax = gross profit - interests expense - operating expenses.
Earnings before tax = 562,500 - 5,000 - 525,000 = 32,500.
d]
net profit = earnings before tax - income taxes
net profit = 32,500 - 5,750 = 26,750.
.Similar Solved Questions
1 answer
Consider the following simplified APT model: Factor Market Interest rate Yield spread Expected Risk Premium (%)...
Consider the following simplified APT model: Factor Market Interest rate Yield spread Expected Risk Premium (%) 6.8 -0.6 4.7 Stock Market (61) 1.0 0.9 0.3 Factor Risk Exposures Interest Rate Yield Spread (62) (63) -1.2 -0.4 0.2 1.4 1.3 Calculate the expected return for each of the stocks shown in th...
1 answer
Use MATLAB or Scilab to solve the following problems 1. Create a MATLAB subroutine called Lagrange.m...
Use MATLAB or Scilab to solve the following problems 1. Create a MATLAB subroutine called Lagrange.m that receives two set data points, x and y and plots the curve by interpolating the missing points (h-X-x-1) using Lagrange interpolation form 2. Create a main program that calls the subroutine creat...
1 answer
Please pick out a research question, this should include the full statement of the research question,...
Please pick out a research question, this should include the full statement of the research question, followed by a table that clarifies what is the P, I, C, O, T in your proposed study...
1 answer
Case Study: 22 year old with ESRD DB is a 22 yo male who developed ESRD...
Case Study: 22 year old with ESRD DB is a 22 yo male who developed ESRD Secondary to glomerulonephritis as an IGA nephropathy. His comorbitidies include anemia secondary to chronic disease and HTN. He also suffers from chronic UTI's and does not feel well on some days. He states he is chronicall...
3 answers
If segment "LM" =12cm and "MN" =15cm, what is the length of "YZ"
if segment "LM" =12cm and "MN" =15cm, what is the length of "YZ"?????...
1 answer
Examination of a patient reveals periodontitis. The patient also has a severe tooth-clenching habit. Explain how...
Examination of a patient reveals periodontitis. The patient also has a severe tooth-clenching habit. Explain how the tooth- clenching habit could be related to the progress of periodontitis....
1 answer
Question 1 The Radial Equation for an electron in hydrogen atom can be given by [Notes,...
Question 1 The Radial Equation for an electron in hydrogen atom can be given by [Notes, Equation SR10] (n +D! j! (21 + 1 +j)(n-1-1-j)! (an 台 Where N is the normalisation constant and the constant a' is the Bohr radius. Using the above equation and the Normalisation Condition for Radial Fu...
1 answer
Selena uses a garden hose to fill a bucket of water. The water enters the hose...
Selena uses a garden hose to fill a bucket of water. The water enters the hose through a faucet with a 6.0-cm diameter. The speed of the water at the faucet is 5 m/s. If the faucet and the nozzle are at the same height, and the water leaves the nozzle with a speed of 20 m/s, what is the diameter of ...
1 answer
Recall that 0 represents the radian measure of the angle subtending the path Laura has traveled...
Recall that 0 represents the radian measure of the angle subtending the path Laura has traveled since she started skiing and h represents Laura's distance to the right of the center of the ski trail (in km). a. If the angle has swept out 0 radians, what is Laura's horizontal distance to the ...
1 answer
Nment Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3...
nment Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December 31 2016 2017 2018 Inventory at Current-Year Cost $20,100 22,048 25,648 Price Index 100 106 112 Compute the value of the 2017 and 2018 inventories using the dollar-value LIFO...
1 answer
Saved Help The Rhaegel Corporation's common stock has a beta of 1.7. If the risk-free rate...
Saved Help The Rhaegel Corporation's common stock has a beta of 1.7. If the risk-free rate is 4.8 percent and the expected return on the market is 10 percent, what is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2...
1 answer
Q17 Describe and differentiate among the following approaches to ethics: [3 Marks] (a) Best-ratio approach. (b) Black and white approach and (c) Full-potential approach. DO NOT WRITE THE ANSWER - USE...
Q17 Describe and differentiate among the following approaches to ethics: [3 Marks] (a) Best-ratio approach. (b) Black and white approach and (c) Full-potential approach. DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM IN THE ANSWER PLEASE....
1 answer
A matrix A and an echelon form of A are shown below. Find a basis for...
A matrix A and an echelon form of A are shown below. Find a basis for Col A and a basis for Nul A 1 15 19 -2-7 1 15 19 0 5 -1 10 16 2 2 0 5 70-1 -2-5-3 49 0 0 01 6 3 25 29-5-11 0 0 00 0 A- Find a basis for Col A (Use a comma to separate answers as needed. Type an integer or simplified fraction for e...
1 answer
A circular loop of wire with a radius of 15 cm lies in the xy plane...
A circular loop of wire with a radius of 15 cm lies in the xy plane and carries a current of 1.9 A, counterclockwise. It is placed in an external magnetic field of the form B = 4ị mt. Z y The magnitude and direction of the net torque are: Select one: O a. 47.75 E-3 Nm, -x direction b. 47.75 E-...