Houston pumps recently reported net income of $600000 and an interest expense of $238000. The company has total invested capital employees of $7.2 million a tax rate of 40% and after tax cost of capital of 10%. What is the companies EVA?

Q: Company DotThrive reported the following financial results. Operating income is $61.32 million and…

A: Free cash flows are the cash that is available for the company to pay off the debts or payment of…

Q: You have been given the following information for PattyCakes Athletic Wear Corporation for the…

A: We need to use income statement approach to calculate depreciation and other unknown variables.Net…

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: Invested capital is calculated as assets minus non-interest-bearing current liabilities, it can also…

Q: Lifeline, Inc., has sales of $928,589, costs of $498,849, depreciation expense of $62,374, interest…

A: Solution:- Net profit means the net earnings earned by a firm after taking into consideration the…

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: ROI means the return of investment. It is the percentage return earned by the entity on the invested…

Q: A company recently reported $2100 of sales, $1, 100 of operating costs other than depreciation, and…

A: 1. **Sales Revenue**: $21002. **Operating Costs (Excluding Depreciation)**: $11003.…

Q: Bryon Inc recently reported $6million of net income. Its EBIT was $13.2 million, and its tax rate…

A: The mathematical equation of the concept used is:

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: Income before tax = Net income / (1 - tax rate) = $36000000/(1-0.40) = $60,000,000 Operating profit…

Q: . What was the depreciation expense?

A: Information Provided: Annual Revenue = $37,800 COGS = $23,200 Administrative expenses = $6300…

Q: MPI Incorporated has $5 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: To calculate the Times Interest Earned (TIE) ratio for MPI Incorporated, we need to follow these…

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: ROI: ROI is stands for Return on investment.It is used to analyze  the profit on the investment of…

Q: Lawn Care, Inc., has sales of $367,400, costs of $183,600, depreciation of $48,600, interest of…

A: Return on equity measures the return generated by common or equity shareholders from their…

Q: The Dana Flatt Corporation had sales of $2 million this past year. Its COGS was $1.2 million and its…

A: The term taxable income refers to any gross income earned that is used to calculate the amount of…

Q: For 2018, Gourmet Kitchen Products reported $22.5 million of sales and $18 million of operating…

A: Economic value added (EVA) is a measure of a company's economic profit. It is the value created…

Q: the Allen Corporation had sales of $ 69 million, total assets of $ 48 million, and total liabilities…

A: The capacity of a business to make operational profit from its assets is gauged by the operational…

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: ROI  = Operating Income (1- Tax) / Invested Capital × 100  Invested Capital  = Current Operating…

Q: A Company recently reported $15,500 of sales, $8,250 of operating costs other than depreciation, and…

A: Given: Sales $15,500 Operating Costs $8,250 Depreciation $1,750.  It had $9,000 of bonds outstanding…

Q: yron Brock’s inc recently reported $13 million of net income. It’s EBIT was $20375000, and it’s tax…

A: Income statement shows the revenues and expenses of a company for a given period. The statement…

Q: Help me

A: Approach to solving the question: Below I have provided step by step calculations required for…

Q: Little bugs incorporation recently reported 3 million of net income as earnings before interest text…

A: Net Income = $3,000,000Earnings before Interest and Tax = $6,000,000Tax Rate = 40% or 0.40…

Q: Lauryn's Doll Company had EBIT last year of $41 million, which is net of a depreciation expense of…

A: EBIT = $41 millionDepreciation expenses = $4.1 millionCapital expenditure = $4 millionIncreased net…

Q: Herring Corporation has operating income of $230,000 and a 25% tax rate. The firm has short-term…

A: The objective of the question is to calculate the return on invested capital (ROIC) for Herring…

Q: MPI Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: The term "TIE ratio" typically refers to the "Times Interest Earned" ratio. This is a financial…

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

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

Q: Pharrell, Inc., has sales of $998,000, costs of $283,000, depreciation expense of $84,000, interest…

A: net income formula: net income = sales - cost - depreciation - interest ×1-tax

Q: Mason Storm Inc. has a profit margin of 16% based on revenues of $400,000 and an investment turnover…

A: Residual income is the income which is in excess of the net operating income less a charge of…

Q: solution star industries has published its annual account. it indicates that during the year the…

A: Operating cash flows refers to the flows of the cash (inflows and outflows both) in the business…

Q: MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: Times interest earned ratio is calculated by dividing the earnings before interest and tax (EBIT) by…

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: Given, Net Income = $36 million Interest Expense = $2,300,000 Tax Rate = 40%

Q: Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net…

A: Solution: Concept introduction: Return on investment (ROI) Return on investment is a profitability…

Q: The firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and…

A: Earnings before interest & taxes(EBIT) is the income generated by an entity before making…

Q: Little Books, Inc. recently reported 3.100 million USD of net income. The firm's EBIT was 6.400…

A: Net income = $3.100 million EBIT = $6.40 million Tax rate = 40%

Q: Nataro, Incorporated, has sales of $674,000, costs of $336,000, depreciation expense of $80,000,…

A: Net income is an economic measure that refers to a company's earnings after all expenses, costs and…

Q: Nataro, Incorporated, has sales of $666, 000, costs of $336, 000, depreciation expense of $ 81,000,…

A: Net income is an economic measure that refers to a company's earnings after all expenses, costs and…

Q: ble income is $10 million, the tax liability is $3 million, and dividends paid are $2 million, what…

A: Retained earning are net income that is retained by the company after payment of dividends and is…

Q: Tommy’s Woodworking had sales of $4 million this past year.  Its COGS was $2.75 million and its…

A:

Q: The Little Books Inc. recently reported $3 million of net income. The company’s EBIT was $6 million…

A: Computation:

Q: Last year, Thurco Corporation had revenue of $120,000 and expenses of $70,000. If Thurco had…

A: Margin: The difference between the total sales and the total expenses is called the margin. Margin…

Q: Give me answer

A: Sales     1,080,000.00 Cost of goods sold      (527,000.00)Gross profit       553,000.00 Selling…

Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.