What is the addition to retained earnings

Assignment Help Finance Basics
Reference no: EM131787040

Question: Pharrell, Inc., has sales of $594,000, costs of $264,000, depreciation expense of $66, 500, interest expense of $33, 500, and a tax rate of 40 percent. The firm paid out $40, 500 in cash dividends. What is the addition to retained earnings?

Addition to retained earnings $

Reference no: EM131787040

Questions Cloud

How many treasury bond futures contracts : How many Treasury bond futures contracts should be sold to hedge the bond?
More balanced between life and working style : It is also in line with the current trend of working preference where most of the employees are moving into a more balanced between life and working style.
What would the revised hedge ratio be : a. Suppose that a yield beta of 0.8 is computed. What would the revised hedge ratio be?
What would be the appropriate graphs : What would be the appropriate graphs to compare the distributions of hours of games played on PlayStation per week for boys and girls if you had all the data?
What is the addition to retained earnings : Pharrell, Inc., has sales of $594,000, costs of $264,000, depreciation expense of $66, 500, interest expense of $33, 500, and a tax rate of 40 percent.
Treasury bond futures contracts : Suppose that a manager wants to reduce the duration of a portfolio. Explain how this can be done using Treasury bond futures contracts.
Explain the steps you used to make the computation : Explain the steps you used to make the computation. Use illustrations from the chapter readings and the additional information for the brief
Compare the distribution of jobs for skilled and unskilled : What type(s) of graph(s) would be appropriate to compare the distribution of jobs for skilled and unskilled if you had all of the data? Explain.
What is the maximum amount pierre should be willing to pay : Pierre Dupont just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 4.79.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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