User Account

All Pages

Discuss what was the company''s net income after taxes

Assignment Help Accounting Basics
Reference no: EM131762415

Company just completed latest FY. Sales were $16,619,100. Depreciation and amortization was $867,700, interest expense for the year was $812,400 and selling general and admin expenses totaled $1,485,600 for the year, and COG sold was $10,195,400 for the year. Assuming a federal income tax rate of 34%, WHAT was the company's net income after taxes?

Reference no: EM131762415

Questions Cloud

Professional situation to your supervisor : Please respond as you would in a professional situation to your supervisor
Relative to staffing shortage and surplus : DQ1. Discuss staffing alternatives relative to staffing shortage and surplus.
What is assessment of the state of religion in america today : What is your assessment of the state of religion in America today? Are we still 'one nation under God' or have we lost our religious moorings?
What percentage of households have cars : Choose an American household at random and let the random variable X be the number of cars (including SUVs and light trucks) they own.
Discuss what was the company''s net income after taxes : COG sold was $10,195,400 for the year. Assuming a federal income tax rate of 34%, WHAT was the company's net income after taxes
Having a unionized labor force : Is true that implementing the policies for union avoidance is less costly than having a unionized labor force. How so?
Why they have chosen to use distance learning : Identify one organization that actually uses Distance Learning in its training/development program besides a online university. Briefly describe why they have.
Describe the onset of the american labor movement : Describe the onset of the American labor movement, and explain how it relates to the growth of national unions.
Develop a plan of action : The employees are telling you that these benefits are provided by other companies in the area. Develop a plan of action for how you would respond.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Production records show that there were 400 units in the

production records show that there were 400 units in the beginning inventory 30 complete 1410 units started and 1510

  Externalities-positive and negative

What is the definition of externality? Distinction between positive externalities (positive spillover costs) and negative externalities (negative spillover costs)? Why do externalities exist?

  Explain the role of the state in stimulating and

what is the role of the state in stimulating and regulating economic growth inequality and the consequences of future

  Calculate the balance in the investment in south company

grant inc. acquired 30 of south companys common stock for 350000 on january 1 2011. during 2011 south company reported

  Compute the december inventory

A physical inventory on December 31, 2016, reveals that 133 footballs were in stock. Compute the December 31, 2016, inventory using the FIFO method

  Calculate the predetermined overhead rate

Assuming McCullough uses only one predetermined overhead rate, calculate: The predetermined overhead rate

  The accounting equation is used to develop the

the accounting equation is used to develop the organizations financial reports.describe what liabilities value would be

  Units of production and an estimated residual value

Al's Car Wash purchased a piece of equipment on October 1, 20x7, for $27,000. The equipment has an estimated life of four years or 40,000 units of production and an estimated residual value of $2,000.

  The subject of management reports has been prominent the

the subject of management reports has been prominent the past few years. a management report is included in the annual

  Explain the meaning of permanent differences

Interest on municipal bonds is referred to as a permanent difference when determining the proper amount to report for deferred taxes.

  Units of production data for the two departments of

units of production data for the two departments of continental cable and wire company for april of the current fiscal

  Compute the partners basis in the units received in exchange

Compute the partners' basis in the units received in the exchange. Prepare a tax balance sheet for Plummet Company (assuming it is a partnership).

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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