What was the delta ray brands net income after-tax

Assignment Help Finance Basics
Reference no: EM13258243

Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,255,700. Depreciation and amortization was $856,800, interest expense for the year was $808,100, and selling general and administrative expenses totaled $1,416,400 for the year, and cost of goods sold was $10,963,600 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?

Reference no: EM13258243

How much must insurer spend now to fully fund the outflow

A life insurer owes $550,000 in 8 years. To fund this outflow the insurer wishes to buy strips that mature in 8 years. The strips have a $5,000 face value per strip and pa

Would the investor want to invest in treasury bills

Now assume that short sales are not allowed. (What does this mean for portfolio weights?) Suppose the correlation of returns on the two securities is +1.0, what is the optim

What is the ytm

Stone Sour Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.90 percent. The bonds make semiannual payments. If these bonds currently sell for 109 percent of par

What is the yield to maturity of this bond

A Japanese company has a bond outstanding that sells for 96 percent of its ¥100,000 par value. The bond has a coupon rate of 6.30 percent paid annually and matures in 19 yea

What is the current bond price

Ninja Co. issued 15-year bonds a year ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current

How much will you pay for the policy

The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $28,000 per year forever. If the required return on this investm

What amount must you deposit each year

You want to have $82,000 in your savings account 13 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the accoun

What are the implications of this new business model

How does the business model for cloud computing differ from the traditional business model use by companies such as Microsoft? What are the implications of this new busines

Reviews

Write a Review

 
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