Calculate the earnings after taxes

Assignment Help Finance Basics
Reference no: EM1354324

Ag Silver mining,Inc.has$500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuring a 40 percent tax on ordinary income.

Reference no: EM1354324

Questions Cloud

Several different professional codes of conduct : There are several different professional codes of conduct. How does an accountant or auditor determine which code of conduct to follow? Provide examples.
Describe the use of cell phones as tools for collaborative : Describe the use of cell phones as tools for collaborative work and What are the greatest advantages also Be sure to address any limitations on mobile phone use as it applies to teamwork.
Dna-contribution to our personalities : I would agree that although DNA may offer some small contribution to our personalities, environment and other external factors truly shape who we are.
Management of accounts receivable and inventories : The North Carolina Furniture Company (NCFC) manufactures upholstered furniture, which it sells to various small retailers in the Northeast and Midwest on credit terms of 2/10, net 60. The company currently does not grant credit to retailers with a..
Calculate the earnings after taxes : Ag Silver mining, corporation has$500,000 of EBIT at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends.
Description of receivables : Verna's makes all sales on account, subject to the following collection pattern: 25% are collected in the month of sale; 60% are collected in the first month after sale; and 15% are collected in the second month after sale.
Break-even point and degree of leverage : Healthy Foods, Coirporation, sells 50 pound bags of grapes to the military for $10 a bag. The fixed expenses of this operation are $80,000, while the variable costs of grapes are $.10 per pound.
Hypothetical research questions : Provide a detailed description of how you would use this method in your study, and include a brief discussion of how you would handle the problem of error- variance.
Accumulation of evidence and conclusions : The audit documentation represents the auditor's accumulation of evidence and conclusions reached on an audit engagement. Prior-year audit documentation can provide insight into an audit engagement that will be useful in planning the current year ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Risk as well as return computation using capital asset

Risk as well as return computation using capital asset pricing model and If the market risk premium is 8%, the risk-free rate of return is

  Computation of amount to be invested each year

Computation of Amount to be invested each year for a target future value and Net Present Value of alternate investment options.

  Determine nominal annual rate of return

Carter's preferred stock pays a dividend of $1.00 per quarter. If the value of the stock is $57.50, determine its nominal annual rate of return?

  Explain how u.s. financial markets impact the economy

Explain the role of the United State Federal Reserve, Federal Reserve Chairman, & Board, indicating its effectiveness in today's economic environment. Provide support for rationale.

  Objective type questions on bond valuation

Objective type questions on bond valuation and Which of the following would be most likely to increase the coupon rate that is required to enable a bond to be issued at par

  What is stock valuation under equilibrium situation

What is Stock valuation under equilibrium situation and Assuming the stock market is efficient and the stocks are in equilibrium

  Computation of equivalent annual cash flows

Computation of Equivalent Annual cash flows where Negative amount should be indicated by a minus sign

  Derivative markets

Examine the complexities of derivative markets and how the reporting of derivatives may be deceiving to investors.

  Determine the market rate of return

Bet'R Bilt Bikes just announced that its yearly dividend for this coming year will be $2.42 a share and that all future dividends are expected to increase by 2.5% yearly.

  Case study of ibm

Assume that IBM would like to borrow fixed-rate yen, whereas Korea Development Bank (KDB) would like to borrow floating-rate dollars.

  Explain project acceptance or rejection decision and reasons

Explain Project acceptance or rejection Decision and reasons there of and Draw a cash flow diagram for this project

  Computation of break even volume of service revenue

Computation of Break even volume of service revenue - Find the revenue must the firm generate to earn an after-tax net income of $100,000? and consider the firm's income tax rate rises to 40 percent. What will happen to the break-even level of consul..

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