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.
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- 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.