They purchased a machine that cost 5000000 that they

Assignment Help Finance Basics
Reference no: EM13573570

A company had the following situation last yearGross sals- 5,890,000expenses- 3,500,000. They purchased a machine that cost 5,000,000 that they intendto depreciate over 5 years using straight line. What was the ur before tax income?

a) 875,000

b)975,015

c)1,016,600

d)1,890,000

Reference no: EM13573570

Questions Cloud

They purchased a machine that cost 5000000 that they intend : a company had thefollowing situation last yeargross sales- 5890000expenses- 2700000they purchased a machine that cost
Explain the usefulness of comparative financial statement : comparative analysis is an important tool in financial analysis.a. explain the usefulness of comparative financial
Identify and discuss the four primary financial statements : identify and discuss the four primary financial statements of a
Describe experiences you have had with persuasive writing : my experiences with persuasive writingaddress these criteria1 describe experiences you have had with persuasive writing
They purchased a machine that cost 5000000 that they : a company had the following situation last yeargross sals- 5890000expenses- 3500000. they purchased a machine that
Explain how financial statements reflect the business : explain how financial statements reflect the business activities of a
Explain the claim while we theoretically use the effective : explain the claim while we theoretically use the effective interest rate to compute a bonds present value in practice
The bonds have a par value of 1000 and amarket price of : culpepper supply has a bond issue outstanding that pays a 8 couponand matures in 14 years. the bonds have a par value
Off-line co has 9000 units in beginning finished goods the : off-line co. has 9000 units in beginning finished goods. the sales budget shows expected sales to be 36000 units. if

Reviews

Write a Review

Finance Basics Questions & Answers

  Fendy purchased 800 shares of grandsports stock at rm3 per

fendy purchased 800 shares of grandsports stock at rm3 per share on 1112. he sold the shares on 123112 for rm3.45.

  What would be net present value

How many choppers would you have to sell to break even, if you required a 15% return? (Hint: Use the 15% as the discount rate and calculate net present value.

  What is the cost of common from retained earnings

Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data: D0 = $0.90; P0 = $27.50; and g = 7.00% (constant). Based on the DCF approach, what is the cost of common from retaine..

  The firm paid dividends to preferred stockholders of 40000

pdq corp. has sales of 4000000 the firms cost of goods sold is 2500000 and its total operating expenses are 600000.

  Computation of cost of capital and beta

Computation of cost of capital and beta and explain Does it matter if you use the beta for Dell or the beta for the industry in this case

  What is the total amount of deductions for and from agi

What is the total amount of deductions for and from AGI that Kim may take during the current year with respect to the condominium?

  What is your holding period return

You purchased 1,000 shares of Williams Inc. common stock one year ago for $60 per share. You received a dividend of $3 per share today and decide to take your profits by selling at $61.50 per share. What is your holding period return?

  Night hawk co issued 14-year bonds two years ago at a

night hawk co. issued 14-year bonds two years ago at a coupon rate of 9.7 percent. the bonds make semiannual

  How much money will you have 11 years from now

You deposit $600 today, $600 one year from now, and $1000 five years from now into an account that earns 4% compounded annually. How much money will you have 11 years from now?

  Calculating returns and variability

Calculating returns and variability you have observed the following return on Mary ann Data Corporation's stock over the past five years: 216%, 21%, 4%, 16%, and 19%.

  Determine the range of values of the probability that sael

buyu manufacturing has been contracted to provide sael electronics with printed circuit and motherboards pc boards

  A senior financial analyst with ace gadgets ag is

a senior financial analyst with ace gadgets ag is attempting to get a better grasp on sales forecasting for agrsquos

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