Russell Securities has $100 million in total assets and its corporate tax rate is 40 percent. The company recently reported that its basic earning power (BEP) ratio was 15 percent and its return on assets (ROA) was 9 percent.  What was the

Q: This year, FCF Inc. has earnings before interest and taxes of $10,180,000, depreciation expenses of…

A: Free cash flow = EBIT*(1-tax) + Deprication - capital expenditure - Increase in Working capital

Q: Ozark Industries reported net income of $75 million in 2002. The company’s corporate tax rate was 40…

A: The sales level of a company directly affect the company's net income. In order to increase the net…

Q: AEI Incorporated has $5billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: Assets = $ 5 billion Tax rate (T) = 40% BEP ratio = 11% ROA = 10%

Q: What is Chipotle’s TIE

A: TIE of a company means Times Interest Ratio or interest cover ratio of a company. It evaluates a…

Q: Last year Rattner Robotics had $5 million in operatingincome (EBIT). Its depreciation expense was $1…

A: “Hey, since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Leo's Corp has sales of $ 684,000, operating expenses of $ 437,000, interest expense of $ 13,800,…

A: Ratio analysis: This is the quantitative analysis of financial statements of a business enterprise.…

Q: Barton Industries has operating income for the year of $3,100,000 and a 38% tax rate. Its total…

A: Given information: Operating income: $3,100,000 Tax : 38% Investment : $20,000,000 Cost of capital :…

Q: The Grey Corporation has $12 billion in assets, and its tax rate is 40%. The company’s basic…

A: Basic earning power(BEP)= Earnings Before Interest & Taxes(EBIT) / Total Assets 15%= EBIT /…

Q: The Stevia Corporation has $5 billion in assets, and its tax rate 40%. The company’s basic earning…

A: The question is based on the concept of time-interest-earned (TIE) ratio, which is calculated as…

Q: graser trucking has $12 billion in assets, and its tax rate is 40%. its basic earning power (BEP)…

A: Earnings before interest and tax are $1.8 billion.   Interest expenses are $8 million…

Q: Suppose Ningbo Steel has sales revenue of $11,000 sales revenue, cost of goods sold off $5000,…

A: Given information : sales revenue = $11,000 cost of goods sold = $5000 operating expenses = $1000…

Q: McShane Corporation has sales of $300,000, a gross profit margin of 35%, operating expenses of…

A: The time interest earned ratio is the ratio that provides the ability of the company to pay of its…

Q: Papa Roach Exterminators, Inc., has sales of $659,000, costs of $275,000, depreciation expense of…

A: In this question we require to calculate the addition to retained earnings for Papa Roach…

Q: A firm had gross profits from sales in the amountof $180,000, operating expenses of $90,000,and…

A: Net Income is defined as the aggregate amount of money that the business earned in the time period,…

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: The Klaven Corporation has operating income (EBIT) of $750,000. The company’s depreciation expense…

A: The question is based on the calculation of net income , cash flow and operating cash flow. Net…

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

A: Net Income: The net income of the business is determined by subtracting the total expenses from the…

Q: ABC Company’s cost of equity is 18%, its before-tax cost of debt is 8%, and its corporate tax rate…

A: Cost of Equity = 18% Before Tax Cost of Debt = 8% Tax Rate = 40% Value of Equity = 1200 Value of…

Q: Armitage Inc. has earned gross receipts of about $10 million for the past 3 years. This year it…

A: Business interest expense for the year is that amount which is properly allocable to both an…

Q: . How would each of these plans affect earnings per share? Consider the current plan and the two new…

A: Answer a:

Q: 1. Fattal Inc. recently reported $120,000 of sales, $75,500 of operating costs other than…

A: The statement of profit or loss of a company shows all the income earned and expenses incurred by a…

Q: Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,818,300.…

A: Given, Sales = $16,818,300 Depreciation and amortization = $830,300 Interest expense = $872,000…

Q: Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000;…

A: Income before tax means net income of the business after considering all operating and non operating…

Q: Last year​ Sanderson, Inc. had sales of $3.4 million. The​ firm's cost of goods sold came to $2.2…

A: Tax Liability: Tax liability is the amount of obligation levied on the taxpayer's income with…

Q: Byrgenwerth Corp has $55,000,000 of assets, and its tax rate is 28%. Its Basic Earning Power (BEP)…

A: A ratio that provides information about the company regarding the capability of payoff its debt…

Q: A Corporation has P1,500,000 in debt outstanding. The company's before-tax cost of debt is 10%.…

A: Debt (D) = P 1500000 Interest rate = 10% Sales (S) = P 3500000 Net income (NI) = P 600000 60% is…

Q: Russell Securities has $125 million in total assets and its corporate tax rate is 40%. The company…

A:

Q: AEI Incorporated has $5 billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: The Times Interest earned ratio provides information as company is able to meet the interest cost…

Q: Chipotle has $2,500 million in assets, consisting of $1,055 million in debt, $1,445 million in…

A:

Q: Barton Industries has operating income for the year of $3,500,000 and a 37% tax rate. Its total…

A: Economic Value Added (EVA) is a financial indicator that helps in determining the profitability of…

Q: Alpha Resources has sales revenue of $800,000, operating costs of $400,000, and depreciation expense…

A: Sales = $800,000 Operating cost = $400,000 Depreciation = $20,000 Bonds = $300,000 Interest rate =…

Q: The Huck Printing Co. had sales of $10 million, Operating Income of $3 million; After tax income of…

A: Return on Equity: Return on equity (ROE) is a financial indicator that measures a company's net…

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

A: Computation:

Q: What is the return on equity for each firm if the interest rate on current liabilities is 10% and…

A: Return on equity is a financial metric that helps in evaluating the profitability position of a…

Q: XYZ anticipates eaming $1,800,000 and paying $300,000 in dividends this year. XYZ's capital…

A: Given:Anticipates earnings=$1800000Dividend=$300000Capital structure=20% debt and 80% equityTax…

Q: New Mexico Lumber recently reported that its earnings per share were $3.00.  The company has 400,000…

A: EBIT stands for Earnings Before Interest and Taxes. It is a net income of company before deducting…

Q: Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest…

A: Dividend refers to portion of net profit of entity that is shared with common stockholders. It can…

Q: Round your answer to the nearest dollar. Use a minus sign to enter a negative value, if any.

A: Economic Value Added is also called economic profit. It measures company financial performance,…

Q: Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000;…

A: Sales = $50,250,000 Income tax = $1,744,000 Operating expenses = $10,115,000 COGS = $35,025,000…

Q: Rose inc. had sales of $7 million during the past year. The cost of goods sold amounted to $4…

A: Cost of goods sold exhibits direct cost incurred by company for producing goods and services.

Q: For 2018, gourmet kitchen products reported $22 million of sales & $19 million of operating costs…

A: A concept that helps to evaluate the financial performance of a company by deducting the overall…

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

A: To determine times-interest-earned (TIE) ratio, following formula will be used:

Q: 2. Sohar Company had a 40 percent tax rate. Given the following pre-tax amounts, what would be the…

A: The Revenue and expenses of  company are given Required   What would be the income tax expense…

Q: Cecil, Inc. has sales of $682,100. Earnings before interest and taxes is equal to 20 percent of…

A: Profit margin: This ratio indicates the percentage of sales which converted into profit. It is…

Q: Cox Corporation recently reported an EBITDA of $58 million and $10 million of net income. The…

A: EBITDA - Depreciation and amortization = Earnings before Interest and Tax (EBIT)