Compute net income

Assignment Help Finance Basics
Reference no: EM13334006

Various items from the Perril Company's Income statement for the year ending December 31, 2011 are listed below:

Interest expense = 86
Depreciation = 70
Taxes = 40
Dividends paid = 15
Beginning inventory = 107
Gross sales = 831
Materials purchases = 532
Operating expenses (excluding depreciation) = 233
Returns and allowances = 66
Ending inventory = 173

Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number).

Reference no: EM13334006

Questions Cloud

Determine the original speeds of the two cars : The first car has twice the mass of a second car, but only half as much kinetic energy. What were the original speeds of the two cars
Consequently the amount to be reimbursed by the insurance : What percentage of the necessary 80 percent coverage they do have. The resulting answer will determine the percentage of the loss to the dwelling covered, and consequently the amount to be reimbursed by the insurance company.)
Determine the refractive power of a magnifying glass : A stamp collector is viewing a stamp with a magnifying glass held next to her eye. What is the refractive power of a magnifying glass that has an angular magnification of 5.8 when the image of the stamp is located at the near point
How high is the ball when it hits the wall : In a friendly game of handball, you hit the ball essentially at ground level and send it toward the wall with a speed of 13 m/s at an angle of 24° above horizontal. How high is the ball when it hits the wall
Compute net income : Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number).
What is its speed as it leaves the faucet : Water is flowing through a pipe (area 4.2 cm2) that connects to a faucet adjusted to have an opening of 0.48 cm2. what is its speed as it leaves the faucet
The umuc online library as the primary source : Research for the paper may be conducted online using the UMUC online library as the primary source. Do not use abstracts, use full-text articles. Publications that may be relevant for the topics listed below include: Strategic Finance, The Jour..
How many full turns does ball make between release and catch : A Major League fastball is thrown at 92.9 mph and with a spin rate of 108 rpm. how many full turns does the ball make between release and catch
Find the index of refraction for violet light in plastic : Violet light and red light travel through air and strike a block of plastic at the same angle of incidence. find the index of refraction for violet light in plastic

Reviews

Write a Review

Finance Basics Questions & Answers

  Research structure

How would you structure a research proposal to send to the CMO? I've worked out a several items I would use and would like input on if you think they are good.

  Calculate the amount of principal repaid in seventh payment

The annual effective interest rate for the loan is 6%. Calculate the amount of principal repaid in the seventh payment.

  How much would it cost her to buy such an annuity today

The going rate on such annuities is 7.25%. How much would it cost her to buy such an annuity today?

  What is the mortgage balance at the end of ten years

A mortgage has an original principal of $2,275,00 amortized over 25 years in monthly payments at 9.5% per annum interest. a) What is the monthly payment? b) What is the mortgage balance at the end of ten years?

  What will be the total expected dollar capital gain

what will be the total expected dollar capital gain per share on the stock three years from today? Assume dividends are paid annually.

  Which of these motives are financially justifiable

Several factors have been proposed as providing motives for mergers, including (1) synergy, (2) availability of excess cash, (3) ability to purchase assets at less than replacement cost, (4) diversification, and (5) managers' personal incentives.

  What is the current share price

Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.70, $16.70, $21.70, and $3.50. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever.

  How long will quang money last

If, starting at time 12 when he invests in the new fund, money is withdrawn levelly and continuously at a rate of $8,000 per annum, how long will Quang's money last?

  What is the current bond price

Ninja Co. issued 14-year bonds a year ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.7 percent, what is the current bond price?

  What are the profit variance revenue variance and cost

b. What are the profit variance, revenue variance, and cost variance?

  Discuss and list six cultural factors

Discuss and list six cultural factors that can impede the success of a merger or acquisition between two companies after all legal and financial arrangements are finalized and the M & A is completed.

  Define the capital market line

Expalin what similarities are observed and What conclusions can be drawn and define the capital Market Line

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd