What is the net operating profit after taxes

Assignment Help Accounting Basics
Reference no: EM132725759

Problem - Suppose a firm has the following information: Sales = $10 million; costs of goods sold (excluding depreciation) = $5 million; depreciation = $1.4 million; other operating expenses = $2 million; interest expense = $1 million. If the tax rate is 25%, what is NOPAT, the net operating profit after taxes?

Reference no: EM132725759

Questions Cloud

What is amount arising from operating current liabilities : Accounts payable = $1 million; notes payable = $1.1 million; short-term debt = $1.4 million; What is amount arising from operating current liabilities
How much is tied up in operating current assets : Suppose a firm has the following information: Cash = $500,000; short-term investments = $2.5 million; How much is tied up in operating current assets
Which audit opinion is appropriate for each situation : Which audit opinion is appropriate for each situation. Discuss the audit procedure that the auditor needs to perform in relation to each situation
Statement ???below about resistance to change : Please read my statement ???below about Resistance to Change and let me know in detail if it would help any organization. Why or Why not.
What is the net operating profit after taxes : Other operating expenses = $2 million; interest expense = $1 million. If the tax rate is 25%, what is NOPAT, the net operating profit after taxes
How think that the case is a fraud case by giving argument : Based on SRC trial case, do a report on the fraud case, How think that the case is a fraud case by giving your argument, judgment and opinion.
Identify how the audit plan will be affected and recommend : Identify how the audit plan will be affected and recommend specific audit procedures to address the risks associated with each account identified.
What is the reported net worth of shareholders : It has $3 million in current liabilities, $2 million in long-termvdebt, and $1 million in preferred stock. What is the reported net worth of shareholders
Person-organization fit or person-job fit : When hiring an employee, which do you believe is more important: person-organization fit or person-job fit?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What sales price should be recorded

Using the gross method of recording sales, what sales price should be recorded when an item with an $1,100 list price is sold with a 15% trade discount

  What is the definition of the standard of due professional

what is the definition of the standard of due professional care and how might a court decide whether an audit firm met

  Production capacity of 15000 units manuf costs 12unit

production capacity of 15000 units. manuf costs 12unit variable 90k in fixed sampa 3unit variable and 60k fixed.

  What are the annual incremental cash flows

The Ewert Exploration Company is considering two mutually exclusive plans for extracting oil on property for which it has mineral rights.

  Journalize all transactions for rural beginnings

Journalize all transactions for Rural Beginnings. Round all amounts to the nearest dollar. (For notes stated in days, use a 360-day year.)

  Compute what is the net cash received over the life

Compute What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)

  Average variable cost exceeds price at all output levels

Total cost exceeds total revenue at all output levels.  Average variable cost exceeds price at all output levels.

  Which is the correct formula for computing the overhead rate

Which is the correct formula for computing the overhead rate? estimated use of cost driver for production / estimated overhead for activity

  Determining number of shares outstanding

The charter of a corporation provides for the issuance of 109000 shares of common stock. Assume that 59000 shares were originally issued and 4700 were subsequently reacquired. What is the number of shares outstanding?

  Question 23 figure 4-6 xeller company makes electronic

question 23 figure 4-6. xeller company makes electronic keyboards. the practice model price is 220 and variable

  Suppose a us government bond promises to pay 224973 three

suppose a u.s. government bond promises to pay 2249.73 three years from now. if the going interest rate on 3-year

  Define standard treatment protocols define required

you increased rates by 10 percent across all services and profits decreased by 5 percent. cost per unit remained

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