A company has an EBIT of $2,400,000 and an interest expense of $300,000. What is its DFL? a. 8.0 b. 0.125 c. 1.1429 d. Not enough information to determine the answer.
Q: Problem
A: Proportional consolidation methods are used when a company has joint control over an entity,…
Q: Subject = General Account
A: a. Contribution Margin Per UnitTo calculate the contribution margin per unit, subtract the total…
Q: Please provide correct answer financial account not use aii
A: Step 1: Define Manufacturing Overhead CostThe term "manufacturing overhead cost" refers to the…
Q: I won't correct answer general accounting
A: Step 1: Define Static CostsStatic costs are the expenses that will remain as is even if there is a…
Q: Please need help with this accounting question only experts answer excepted
A: Step 1: Define Manufacturing CostsManufacturing costs relate to the production of goods and can be…
Q: None
A: Detailed explanation:Revenues 11600 Less Expenses 7800 Net Income 3800…
Q: Please given answer general accounting
A: Step 1: Define Individual Gross IncomeAn individual gross income combines all sources of income…
Q: Hello tutor please provide correct answer not used ai general accounting
A: Step 1: Define Operating LeverageThe operating leverage is one of the measures that are employed in…
Q: Do fast answer accounting questions
A: Step 1: Define Make-or-Buy DecisionThe relevant cost to make a component that a company must compare…
Q: None
A: Step 1: Define Fixed AssetsFixed assets are economic resources owned by a company that are used in…
Q: Please give answer
A: Explanation of Dollar-Value LIFODollar-value LIFO is an inventory valuation method where changes in…
Q: Hi provide answer for this account
A: Understand the Concept of Lower-of-Cost-or-Market (LCM):The lower-of-cost-or-market rule requires…
Q: provide account answer
A: Key Rule for the Statute of LimitationsGeneral Rule: The IRS generally has three years from the…
Q: Expert please problem accurate answer
A: Explanation of Capital Adequacy: Capital adequacy refers to the level of financial resources a…
Q: Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted…
A: The question requires the determination of the spending variance. A spending variance is the…
Q: Hello tutor given answer general Accounting
A: Step 1: Define Return on AssetsThe return on assets is a metric that determines the efficiency of a…
Q: Please provide correct answer general accounting
A: Step 1: Define Variable CostingVariable costing is the usually used in internal reports wherein…
Q: Financial Accounting Question need answer please
A: Step 1: Define Interest Coverage RatioThe interest coverage ratio represents the capacity of the…
Q: Find units?
A: Explanation of Selling Price:The selling price refers to the amount a customer pays for a single…
Q: Give me a conclusion paragraph on the quality of audits and how to better improve them
A: The quality of audits is of paramount importance in the accounting world. High-quality audits…
Q: Need help with this question solution general accounting
A: Hello student! In order to determine the required sales volume in units we must have enough sales to…
Q: Complete the following table with the missing amount. Solve general accounting question
A: Step 1: Define Accounting EquationThe accounting equation shows the balance sheet in an equation…
Q: HI help me expert for this account query
A: Step 1: IntroductionTo calculate the value of Moberg Company's inventory under the…
Q: Signal environment corp will pay a dividend solve this accounting questions
A: Step 1: Define Price of EquityThe market price of Equity is the current value at which a stock…
Q: Speedy has a net income of 24,955 answer general accounting
A: Step 1: Define Return on AssetThe return on asset represents the percentage of income earned in…
Q: Provide correct answer general accounting
A: Step 1: Define Overhead Allocation BaseIn determining the predetermined overhead rate, the company…
Q: General accounting
A: Step 1: Define Fixed AssetsFixed assets form part of the total assets other than the current assets…
Q: Hi expert please give me answer of this accounting questions
A: Step 1: Define Depreciation MethodDepreciation methods help businesses allocate the cost of assets…
Q: NONE
A: Explanation of Cost Allocation: Cost allocation refers to the process of distributing total…
Q: Hello tutor please given answer general accounting question please not use chart gpt
A: Step 1: Define Total EquityThe total equity is equal to the difference between total assets and…
Q: Please provide correct answer this question general accounting
A: Step 1: Define EquityThe ownership stake in a corporation that can be attributed to its investors as…
Q: Need answer the accounting question not use ai
A: Step 1: Define Total assetsTotal assets refer to all of the valuable possessions a small business…
Q: I want to correct answer general accounting
A: Step 1: Define Cash CycleThe cash cycle refers to the total time to convert the inventory purchases…
Q: Joanne Germano works in an account payable department solve this accounting questions
A: Step 1: Define Cash Discount vs Trade CreditA cash payment discount that requires early payment…
Q: Kanek's contribution margin is 40%. The company is contemplating an advertising campaign that will…
A: 1 Understand the ProblemContribution margin is the percentage of sales revenue that contributes to…
Q: At an activity level solve this question solution accounting
A: Step 1: Define Cost Per UnitThe amount spent by the company to manufacture one unit of the product…
Q: If one step is wrong in answer u will get unhelpful rate
A: Calculation in a table format:DescriptionCalculationResultCurrent cost per unit$16,635,000 /…
Q: What is the average collection period on these accounting question?
A: Step 1: Define Average Collection PeriodThe number of days it takes a company to convert its…
Q: When should modified absorption methods replace traditional costing? a) Overhead allocation needs no…
A: The correct answer is d) Complex overhead structures require special treatment because traditional…
Q: Accounting MULTIPLE CHOICE QUESTION
A: Explanation of Cross-Sequential Analysis: Cross-sequential analysis is a sophisticated accounting…
Q: Don't need ai solution
A: Working Notes 1.1 Material Price Variance = R6,400 Unfavourable. Material Price Variance = (Actual…
Q: What is the difference between Tucker's tax credit and Jacob's tax deduction on these financial…
A: Step 1: Define Tax Credit and Tax DeductionA tax credit pertains to the amount directly subtracted…
Q: Answer this with full explanation
A: Step 1: Define Common StockCommon stock refers to those securities of the company that hold the…
Q: Financial accounting
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio is the ratio between total debts and…
Q: Help me tutor
A: Explanation of Stock Rights:Stock rights give existing shareholders the opportunity to purchase…
Q: Please provide this question solution general accounting
A: Step 1:Given,Growth rate (g) = 9%Dividend payout ratio = 58%Retention ratio (b) = 1 - Dividend…
Q: Give me true answer the accounting question
A: Step 1: Define Accounts ReceivableAccounts receivable indicate the credit sales of a company and are…
Q: What are the common earnings per share for 2017 on these financial accounting question?
A: Step 1: Define Earnings Per ShareThe earnings per share show the net income of the company that can…
Q: Provide correct answer general accounting
A: Step 1:Variable cost per unit (using high-low method): Variable cost per unit = (Highest total cost…
Q: Give me correct answer the accounting question
A:
Financial accounting
Step by step
Solved in 2 steps
- ces a. Fill in the missing numbers in the following income statement: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32. Sales Costs Depreciation EBIT Taxes (23%) Net income 594,000 366,800 116,900 b. What is the OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. c. What is the depreciation tax shield? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. b. OCF c. Depreciation tax shielda. Fill in the missing numbers in the following income statement: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32. Sales Costs Depreciation EBIT Taxes (21%) Net income $ 544,300 349,300 97,300 b. What is the OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. b. OCF c. Depreciation tax shield c. What is the depreciation tax shield? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.Can you explain how are the amounts in the errors calculated given the attached problem? Thank you
- Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales $ 663,800 Costs 425,700 Depreciation 101,300 ЕBIT Тахes (21%) Net income b. Calculate the OCF. (Do not round intermediate calculations.) c. What is the depreciation tax shield? (Do not round intermediate calculations.) b. OCF с. Depreciation tax shieldVinubhaiI need help with this problem
- Why are the following items listed as a DR? Aren't they CR accounts? Exp;enses are CR accounts aren't they since they reduce assets? Income Statement Sales and Labor Revenue $1,592,430Cost of Goods $762,200Gross Profit $ 830,230 Operating Expenses:Salary Expense $337,425Depreciation Expense $44,500 Tax Expense $30,200Insurance Expense $22,000Office Expense $3,050Miscellaneous Expense $9,730Total Expenses $446,905 $383,325Please Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 14 dislikes for you and more from my friend's accounts also. Calculate the return on assets (ROA) for Company HH using the following information: Net Income: $500,000 Average Total Assets: $4, 500,000 What is the ROA ( Return on Assets)? a) 8.89% b) 11.11% c) 9.52% d) 10.45%Current assets and current liabilities for Brayden Company are as follows: 20Υ9 20Y8 Current assets $498,600 $532,400 Current liabilities 269,300 301,500 What conclusions can be drawn regarding Brayden's ability to meet its financial obligations? Oa. The current ratio has improved, and the working capital has increased. Ob. The current ratio has worsened, and the working capital has decreased. Oc. The current ratio has improved, while the working capital has decreased. Qd. The current ratio has worsened, but the working capital has increased.