What is the addition to retained earnings

Assignment Help Finance Basics
Reference no: EM13270303

Gallagher's Supply has sales of $387,000 and costs of $294,500. The depreciation expense is $43,800. Interest paid equals $18,200 and dividends paid equal $6,500. The tax rate is 35 percent. What is the addition to retained earnings?

Reference no: EM13270303

Questions Cloud

Explain what is the density of gold if a ring with a volume : What is the density of gold if a ring with a volume of 2.656 cubic centimeters has a mass of 51.26 grams?
What must the coupon rate be on merton bonds : Merton Enterprises has bonds on the market making annual payments, with 14 years to maturity, and selling for $953. At this price, the bonds yield 9.4 percent.
Define room temperature is exactly 22 degrees celsius : If you are given a thermometer with 10 divisions between 10.1 and 10.2 degrees Celsius, and room temperature is exactly 22 degrees Celsius how should you report that value
Find parallel capacitance required to correct power factor : A 22-kw load is powered by a 68-hz, 480-V(subscript rms) line with a power factor of 0.8 lag . Calculate the parallel capacitance required to correct the power factor to 0.9 .
What is the addition to retained earnings : Gallagher's Supply has sales of $387,000 and costs of $294,500. The depreciation expense is $43,800. Interest paid equals $18,200 and dividends paid equal $6,500. The tax rate is 35 percent. What is the addition to retained earnings?
What is the present value of their future prices : If Jake discounts the future price of the trees at 10% per year, what is the present value of their future prices? You should show your work! Please explain your answer.
Define how many kilograms does it take to sink a model barge : how many kilograms does it take to sink a model barge with the following measurements in a calm pool; 300.00 cm * 25.00 cm * 68.00 cm with a mass of 850.0 grams
Design a circuit which will deliver a voltage vo : Suppose you are given an op amp and 20 resistors, each with resistance R. Assuming ideal op-amp behavior, design a circuit which, given input voltages v1, v2, v3, and v4, will deliver a voltage vo, given by vo = 2v1 + 4v2 -2v3-4v4 to a load resist..
Estimate the total change in entropy : A 116 g insulated aluminum cup at 15°C is filled with 140 g of water at 50°C. After a few minutes, equilibrium is reached. Estimate the total change in entropy

Reviews

Write a Review

Finance Basics Questions & Answers

  Exceptional line of magnetized wheels

JumboMags creates an exceptional line of magnetized wheels that custom car builders use in kits. An rise in selling price through adding granite mix paint flecks which will also increase variable expenses from and with an increase in units to 12,500 ..

  Calculate the monthly house payment

Calculate the monthly house payment necessary to amortize the following loan. In order to purchase a home, a family borrows $267,000 at 10.8 percent for 15 year

  Compute the annual percentage rate of interest

Suppose you decide to buy a building for $30,000 by paying $5,000 down and suppose a mortgage of $25,000. The bank offers you a fifteen year mortgage requiring annual end of year payments of $3,188 each.

  Defining capital structure weights

Templeton Extended Care Facilities, INC. is considering the acquisition of a chain of cemeteries for $350 million. Since the primary asset of this business is real estate

  Determine benefit from financial planning

Jan and Mickey Haggerty graduated from college many years ago. Each majored in biology, and they were fortunate to receive good job offers at graduation; their combined income past year was over $100,000.

  Explain decision making on the basis of the irr and npv

Explain decision making on the basis of the IRR and NPV criterion and Compute the net present value for each project if the firm has a 10% cost of capital. Which project should be adopted

  What is the value of the interest rate swap to the party

What is the value of the interest rate swap to the party that receives the fixed-rate payment and pays the floating-rate payment? What is the value of the same interest rate swap to the party that receives floating and pays fixed?

  Calculate the long position gain or loss

Greg recently inherited a large, family-run farm that primarily produces grain for harvest each year. Compute the long position gain or loss in this scenario.

  All loans are fully amortizing which should be selected

1.Joshua and Jim have owned a property for 15 years, the value of which is now $200,000.The balance on the original mortgage is $100,000, and the monthly payments are $1,100, with 15 years remaining.

  What is the eoq that minimizes the total inventory costs

If the lead time to recieve orders of cheese is 3 days, calculate reorder point. What is the EOQ that minimizes the total inventory costs?

  What is the dollar amount of each semiannual coupon payment

A bond has a par value of $1000 and currently sells for $987. The bond's coupon rate is 7.9% and coupon payments are made semiannually. What is the dollar amount of each semiannual coupon payment? Round to the nearest dollar.

  Find the base value of stock

Edward purchased stock last year as follows: In April of this year, Edward sells 80 shares for $250. Edward cannot specifically identify the stock sold. The basis for the 80 shares sold is

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