What was net after-tax income for the year

Assignment Help Financial Management
Reference no: EM131049030

This year SanCorp had $10 million in sales, $5.2 million in operating costs, and $200,000 in interest expense. It also paid 40 percent of its pre-tax income to the government as income tax expense. What was SanCorp's net after-tax income for the year?

Reference no: EM131049030

Questions Cloud

Will ipsec and nat work in each of the following cases : What if we use PAT (Port Address Translation), also known as Network Address/Port Translation (NAPT) in NAT, where in addition to IP addresses, port numbers will be translated to share one IP address from outside the private networ?
Show the impact in the phillips curve : i) Show the impact in the AD/AS graph ii) Show the impact in the Phillips curve. (Include Short-run and Long-run)
The value of a zero-coupon bond with a face value : What is the value of a perpetual bond with a 1,000 face value, a coupon rate of 8% compounded annually, and a required return of 7%? What is the value of a zero-coupon bond with a face value of 10,000, maturing in 20 years with a required return of 5..
Explain the variation in public health leadership : Describe and explain the variation in public health leadership and organizational structures at the federal, state, and local levels. Compare and contrast the roles and responsibilities of the chief executive or key leader for each level. Use the lit..
What was net after-tax income for the year : This year SanCorp had $10 million in sales, $5.2 million in operating costs, and $200,000 in interest expense. It also paid 40 percent of its pre-tax income to the government as income tax expense. What was SanCorp's net after-tax income for the year..
The GDP deflator used in the revision of the calculation : For the previous estimate of 3.835 trillion, the commerce ministry revised the real GDP of the country to 3.877 trillion. Before any adjustment for inflation was made, the GDP was 4.603 trillion, up from 4.523 trillion. What is the GDP deflator used ..
Change in firms eps from this change in capital structure : Income Statement Consider a firm with an EBIT of $10,500,000. The firm finances its assets with $50,000,000 debt (costing 6.5 percent) and 10,000,000 shares of stock selling at $10.00 per share. Calculate the change in the firm’s EPS from this change..
Creating a memory game programme using java : Programming in Java- It is creating a memory game programme using java. Obtaining advanced understanding of values, variables and arrays
Bonds value would the most affected if interest rates rose : Assume that you bought 5-ycar,, 15-year, and 25-year bonds, all with a 10 percent coupon rnte and semiannual coupons, at their $1,000 par values. Which bond's value would the most affected if interest rates rose to 13 percent? Which would ho least af..

Reviews

Write a Review

Financial Management Questions & Answers

  Managing your individual retirement accounts.

You are managing your individual retirement accounts. Are you worried about losing money in your retirement accounts? What could you do to reduce risk or increase risk if you’re not worried about losing money? Explain.

  How many shares will the firm issue

A firm currently has equity with a market value of $600,000,000 and debt with a market value of $500,000,000. The firm has 10,000,000 shares outstanding. The bonds offer investors a return of 8%. The firm is contemplating issuing $300,000,000 in new ..

  Considering buying machine that would give net cost savings

A company is considering buying a machine that would give a net cost savings of $70,000 per year for 10 years. The cost of the machine is $325,000. The company's weighted average cost of capital is 12%. What is the difference in the payback and disco..

  The cost of debt and flotation costs

The Cost of Debt and Flotation Costs: Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 9%, paid annually. The tax rate is 40%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax ..

  Calculate values of bonds if your required rates of return

Here are the data on $1000 par value bonds issued by Microsoft, GE Capital, and Morgan Stanley at the end of 2012. Assume you are thinking about buying these bonds as of January 2013.  assuming interest is paid annually, calculate the values of the b..

  Information included in tombstone ads

Information included in "tombstone ads" include all of the following EXCEPT:

  Determine the probability that euclid will have negative eps

Suppose that Euclid's EBIT is normally distributed with an expected value of $250 million and a standard deviation of $200 million. If the debt alternative is chosen, determine the probability that Euclid will have negative EPS.

  Potential investor would need to make investment decision

Summarize information about Procter and gamble that you think a potential investor would need to make an investment decision. Use credible business sources. Cite the sources. Must be 1.5 pages double spaced.

  What return will now be expected on the portfolio

An investor was expecting a 18% return on his portfolio with beta of 1.25 before the market risk premium decreased from 8% to 6%. Based on this change, what return will now be expected on the portfolio?

  What is the incremental cash flow of the investment

What is the incremental cash flow of the investment for year 4? Suppose the appropriate discount rate is 12 percent. What is the NPV of the project?

  Market is in equilibrium with the required return equal

A stock is trading at $70 per share. The stock is expected to have a year-end dividend of $3 per share (D1 = $3), and it is expected to grow at some constant rate g throughout time. The stock's required rate of return is 12% (assume the market is in ..

  Annualized interest rates-foreign currency

Assume the following annualized interest rates: Bank Pinetree can borrow either $5 million or foreign currency (FC) 5 million. The current spot rate of the foreign currency (FC) is $1.13 and the Bank expects the spot rate to be $1.10 in 90 days. What..

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