Bohr Paint Company has annual sales of $12 million per year. If there is a profit of $5000 per day with 7 days per week operation, what is the total yearly business expense? All calculations are on a before-tax basis.

Q: What's the rate of return you would earn if you paid $2,880 for a perpetuity that pays $65 per year?…

A: Perpetuity is a type of payment at the regular intervals which is likely to continue forever. It is…

Q: During 2021, Wahid Co. generated revenues of $95,000. The company's expenses were as follows: cost…

A: Gross profit : Net sales is the sales revenue after deducting all the returns and allowances from…

Q: Mac, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and…

A: Operating Cash Flow (OCF) is a measure of the cashflows generated by a company's core business…

Q: Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of…

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

Q: The Good Life Store has sales of $79,600. The cost of goods sold is $48,200 and the other costs are…

A: Net income is the amount left from revenue earned after deducting all the expenses and taxes for the…

Q: A company's tax rate is 33% and its interest expense is $18,500. In addition, its cost of goods sold…

A: Tax Rate = t = 33%Interest Expenses = i = $18,500Cost of Goods Sold Rate = cogsr = 61%Depreciation…

Q: A company has annual sales of $5,210,000 and its average daily accounts receivable is $377,000. What…

A: given that, annual sales = $5210000 average daily accounts receivables = $377000 365 days per year…

Q: Medwig Corporation has a DSO of 32 days. The company averages $8,000 in sales each day (all…

A: Ratio analysis is the method of checking the company's operational efficiency, liquidity, and…

Q: Pearson brothers recently reported an EDITDA of $7.5 million and net income of $1.8 million.  It had…

A: (EBITDA - interest -depreciation )*(1-tax) = net income  Let depreciation is x

Q: The annual sales of a company are $235,000 including sales tax at 17.5%. Half of the sales are on…

A: We have the following information: The annual sales of a company are $235,000 including sales tax…

Q: Torrid Romance Publishers has total receivables of $3,040, which represents 20 days’ sales. Total…

A: given, total receivables = $3040 DSO = 20 DAYS total asset = 73000 operating profit = 5%