Bummer medical supplies produced the following numbers this year: Revenue - 1,050,000 Operating cost - 480,000 Interest expense - 20,000 Tax - 220,000 Dividend distribution - 330,000 It’s profits equal: A) 570,000 B) 550,000 C) 330,000 D) 0

Q: East Mullett Manufacturing earned operating income last year as shown in the following income…

A: Economic value Added = Net Operating Profit After Tax - (Weighted Average Cost of Capital × Capital…

Q: required: The residual income for the AB Division last year was The return on investment last year…

A: Residual income is the remaining income after meeting all the costs that business owes. Formula:…

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A: Operating Asset or Fixed Asset Turnover Ratio represent the sales with respect to Average Operating…

Q: Given the following data for SUPERCALIFRAGILISTICEXPIALIDOCIOUS COMPANY for the year ended December…

A: Gross Income = Net Sales - Cost of Sales Total Income = Gross Income + Other Income Total Expenses =…

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A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Mooseustries has a corporate tax rate of 25%. Last year the company realized $14, 000, 000 in…

A: Tax Rate = t = 25%Operating income = EBIT = $14,000,000Interest expenses = i = $2,000,000

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A: Introduction: The Basic Earning Power Ratio (BEP) measures how well a firm generates earnings in…

Q: A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and…

A: Profit margin = Net profit / Sales * 100

Q: Blaser Corporation had $1,022,000 in invested assets, sales of $1,250,000, operating income…

A: Return on investment = Operating income / Average investment where, Average investment = (Beginning…

Q: Silver Incorporated reported the following results from last year’s operations:   Sales $…

A: Return on investment (ROI) :— It is the ratio between net operating income and average operating…

Q: Strawberry, Inc. reported the following income statement for the year: Sales Variable Costs Interest…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Q: Last year the company realized $14,000,000 in operating income (EBIT). Its annual interest expense…

A: EBIT Means Earnings Before Interest and taxesFormula to calculate the Net income for the year=(EBIT…

Q: The following information relates to the Quilt Division of TDS Corporation for last year: Sales…

A: Given, Net operating income = $60,000 Average operating assets = $500,000 Minimum required rate of…

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Q: Sales revenue                            400,000        Total Revenue…

A: Profit margin is the measurement of company’s earning in respect to the revenues generated by it. It…

Q: Orono Corp.'s sales last year were $465,000, its operating costs were $362,500, and its interest…

A:

Q: What is the net income for the current year?

A: Net income refers to net result or net earnings or net profit of an enterprise which is calculated…

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Q: The income statement for Symbiosis Manufacturing Company for the year is as follows: Sales (10,000…

A:

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Q: D a. $300,0001 O b. $250,00C

A: The current income of the company can be calculated as follows : Results obtained :

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A: Working capital = Current assets - current liabilities Current ratio = Current assets / current…

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A: To solve this problem, we need to calculate the missing values in the income statement and determine…

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A: Formula: Economic value added (EVA) = Net operating profit after tax - Total invested capital x WACC…

Q: AM.201.

A: Part 2: Explanation:Step 1: Calculate the before-tax profit needed to achieve the desired after-tax…

Q: Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3…

A: Sales = s = $810,200Total Assets = ta = $577,900Profit Margin = pm = 4.3%

Q: Use this information for Mason Corporation to answer the question that follow. Mason Corporation had…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

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A: Sales = $100,000 Variable Cost = $75,000 First of all we need to find the Contribution margin ratio…

Q: Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest…

A: As per formula Times interest earned (TIE) ratio = (Sales-Operating cost)/Interest expenses   Where…

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Q: The following data are for the Akron Division of Consolidated Rubber, Incorporated: Sales $ 750,000…

A: ANSWER Here the question is asked to find minimum required ate return, So we can find minimum…

Q: The following are information for XYZ Company: • Gross sales - P3,000,000 Items returned by…

A: Transportation cost does not reduce sales becuase these are operating expenses.

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Q: The following figures relate to Keeffe Ltd.  Sales 350,000 Gross Profit 105,000 Net Profit 63,000…

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Q: United importers report net income $50,000 and COGS of $300,000. If the company’s gross profit rate…

A: Gross profit = Net sales - Cost of goods sold If Gross profit = 40%, Cost of goods sold = 60%