Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciationexpense of $51,000, interest expense of $38,000, and a tax rate of 21 percent. Whatis the net income for this firm?SalesCostsDepreciation expenseInterest expenseTax rate$SalesCostsDepreciation expenseEBITInterest expenseEBTTaxes (21%)Net income817,000343,00051,00038,00021%Complete the following analysis. Do not hard code values in your calculations.Income Statement$817,000343,00051,000

The net income is the income available after doing payments of all expenses including the interest…

Answered: Billy's Exterminators, Inc., has sales…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

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Best Feeds, Inc. has the following information on their income statement: Sales $2,000,000 Cash Costs 1,200,000 Depreciation 100,000 EBIT 700,000 Interest Expense 200,000 EBT 500,000 Taxes (25%) 125,000 Net Income $ 375,000 What is their NOPAT? Group of answer choices $427,620 $450,120 $375,000 $498,750 $525,000
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The income statement for Northeast Co, is shown below. How much is net operating profit after taxes (NOPAT)? (Note: all dollars shown in 000's.) Sales $4,000.00 Costs 2,400.00 Depreciation 200.00 EBIT 1,400.00 Interest Expense 400.00 EBT 1,000.00 |Таx (21%) 210.00 Net Income 790.00 O $1.106.00 O$624.10 O $910.00 O$1.264.00 O$1.000.00
1
Papa Roach Exterminators, Inc., has sales of $554,000, total costs of $245,000, depreciation expense of $40,000, interest expense of $27,000, and an average tax rate of 35 percent. What is the net income for the firm? a. $48,100 b. $224,300 c. $197,300 d. $157,300 e. $184,300
10. Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating costs 4,725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before taxes 1,775,000.00 Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places) Refer to Angel Baby Angel Company, what is its TIE ratio? Use 4 decimal places in your final answer.
Given total Sales of 300.000, gross margin equal to 40% of Sales, total Expenses of 84.000, interest expense of 6.000, and a tax rate of 20% (assume no tax adjustments) what is the ratio of Result to Sales ? a. 8% b. 10% C. 16% d. 24%
The Rogers Coporation has a gross profit of $776,000 and $332,000 in depreciation expense. The Evans Corporation also has $776,000 in gross profit, with $45,500 in depreciation expense. Selling and administrative expense is $256,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. b. Calculate the difference in cash flow between the two firms.
Mars Corporation has Revenues of $50 million, Tax Expense of $5 million, total Other Expenses of $15 million, and Net Income of $30 million. What is Mars Corporation's income tax RATE? 25.0% 10.0% 14.3% 16.7%
Consider the following information for Belle Corp. Selling and Administrative Expenses 50,000.00; Depreciation Expense 80,000.003; Sales 400,000.00 ; Interest Expense 30,000.00; Cost of goods sold 150,000; taxes 18,550.00 What is the operating profit for Belle Corporation 120,000.00 None of the above 90,000.00 O 71,450

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Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 21 percent. What is the net income for this firm? Sales Costs Depreciation expense Interest expense Tax rate $ 817,000 343,000 51,000 38,000 21%