What is its basic earning power ratio

Assignment Help Finance Basics
Reference no: EM13267414

Basic Earning Power Duval Manufacturing recently reported the following information Net income $215,000 ROA 12% Interest expense $66,650 Duval's tax rate is 30%. What is its basic earning power (BEP) ratio? Round your answer to two decimal places.

Reference no: EM13267414

Questions Cloud

Find the required volume of the balloon : A plastic bag is filled with helium at atmospheric pressure and 18.0 oC. Assume that the mass of the bag is negligible, what is the required volume of the balloon if the air inside can be maintained at 39.0 oC
What is the current book value after the third year : What is the current book value after the third year? If Jones sells the equipment today for $184,000, and its tax rate is 35%, what is the after-tax cash flow from selling it?
Explain how many grams of na2co3 are required : Na2CO3 is dissolved in approximately 25 mL of distilled water. How many grams of Na2CO3 are required to react with approximately 25 mL of 0.1 M HCl
Draw a state diagram for an fsm with an input gcnt : draw a state diagram for an FSM with an input gcnt and three outputs x,y, and z. The xyz outputs generate a sequence called a Gray code in which exactly one of the three outputs changes from 0 to 1 or from 1 to 0.
What is its basic earning power ratio : Basic Earning Power Duval Manufacturing recently reported the following information Net income $215,000 ROA 12% Interest expense $66,650 Duval's tax rate is 30%. What is its basic earning power (BEP) ratio? Round your answer to two decimal places.
What is the rate of change in entropy of the boiler : A copper rod 20 cm long having a cross-sectional area of 7.0 cm2 is used to connect a boiler maintained at 100 oC to a large block of ice at 0 oC. What is the rate of change in entropy of the boiler
Demonstrate your approach toward the client : What are the steps in the juvenile justice process that must be taken to defend Mrs. I's teenager?Provide steps and how you would approach making sure every step is handled for this case.
Compute the volume of approximately 37 wt hcl : Calculate the volume of approximately 37 wt% HCl that should be added to 1 L of distilled water to produce 0.1 M HCl
What is jaster market/book ratio : It has 900 million shares of common stock outstanding, and its stock price is $29 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the beta of stock

The correlation between the returns on Ceramics Craftsman, Inc., and the returns on the S&P 500 is 0.675. The variance of the returns on Ceramics Craftsman, Inc., is 0.004225,

  Calculate amount for the land

When Jolt Corporation acquired 75 percent of the common stock of Yelts Corporation, Yelts owned land with a book value of $70,000 and a fair market value of $100,000.

  Is there anything that you dont agree with

What did you learn from reading a summary of "A Random Walk Down Wall Street" and how will you apply it in your investing life? Is there anything that you don't agree with?

  Use simultaneous equations to determine the cost function

Estimate the cost function using simultaneous equations for the following information. Manchester Foundry produced 45,000 tons of steel in March at a cost of £1,150,000.

  What will be the bonds price 3 years from now

you just bought a 6$ coupon bond for $1105. it has a 7-yr remaining maturity, a $1000 face value, and pays semiannual coupons. What will be the bond's price 3 years from now if the market interest rates increase by 2%.

  How are stock prices affected by changes in investor require

Given your answers to ( a) and ( b), how are stock prices affected by changes in investor's required rates of return?

  Describe possible result of treasury stock transactions

Castro Company, a newly formed company, issued 10,000 shares of its $10 par common stock for $15 per share. On July 1, 2007, Castro Company reacquired 1,000 shares of its outstanding stock for $12 each share.

  Find the expected return and the standard deviation

Share A has an expected return of 15% and standard deviation of 14 percent. Share B has an expected return of 23 percentand a standard deviation of 18 percent. Correlation between Share A & B is 0.3

  Propose at least two strategies to avoid assumptions

Propose at least two strategies to avoid assumptions in a multiyear plan. Justify your response.

  What is the average of using simulation

Objective type questions on capital budgeting and what is the average of using simulation in the capital budgeting process is

  Thoughts regarding corporate compensation

What are your thoughts regarding corporate compensation and the potential need for new regulations given the current state of the economy, corporate bankruptcies and bailout of institutions?

  What is your depreciation tax shield

You have a depreciation expense of $506,000 and a tax rate of 35%. What is your depreciation tax shield?

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