What was the amount of the costs incurred by the firm

Assignment Help Finance Basics
Reference no: EM13262019

Smith, Inc. incurred depreciation expenses of $48,500 last year. The sales were $358,900 and the addition to retained earnings was $39,400. The firm paid interest of $14,300 and dividends of $10,000. The tax rate was 35 percent. What was the amount of the costs incurred by the firm for last year?

Reference no: EM13262019

Questions Cloud

Estimate what happens to the value of the portfolio : the gamma and vega of a delta neutral portfolio are 50 per $ and 25 per %, respectively. Estimate what happens to the value of the portfolio when there is a shock to the market casuing the underlying asset price to decrease by $3 and its volatilit..
What is your expected starting salary : Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 0.09 and 0.15, respect..
What is the total distance between object and image : A thin double convex lens is to focus the image of an object onto a screen so that the image is life-sized. What is the total distance L between object and image
Construct the truth table of a 1-bit full adder : (b) Construct a 3-input-8-output binary decoder using NOT, AND and OR gates (without enable logic). (c) Using the above decoder, design the following logic function. Add the required gates and re-draw the decoder.
What was the amount of the costs incurred by the firm : The tax rate was 35 percent. What was the amount of the costs incurred by the firm for last year?
How many miles could the car go on a single tablet : Suppose one gallon of gasoline produces 1.41×108 J of energy, and this energy is sufficient to operate a car for 20.0 miles. how many miles could the car go on a single tablet
Analyze the personal computer : Analyze the personal computer (PC) industry. Why did Apple struggle historically in PCs? How sustainable is Apple’s competitive position in PCs, smartphones, and tablets?
What would be the result at the end of five years : What would be the result at the end of five years If she pays her uncle $100 a month?
What is the location of the center of mass of the system : A person with mass m1 = 60 kg stands at the left end of a uniform beam with mass m2 = 107 kg and a length L = 3.5 m. What is the location of the center of mass of the system

Reviews

Write a Review

Finance Basics Questions & Answers

  Find the current stock price

Microtech Corporation is increasing rapidly and currently needs to retain all of its earnings, hence it does not pay dividends. However, investors expect Microtech to begin paying dividends, beginning with a dividend of $1 coming in three years from ..

  Calculate the value of a bond

Determine the value of a $1,000 bond which has ten years until maturity and pays quarterly interest at an annual coupon rate of 12%. The required return on similar-risk bonds is 20 percent.

  Compute the basic eps and diluted eps for ramon inc. for 2

Ramon Inc. reported net income of $300,000 for the year ended December 31, 2006. Ramon Inc. had 50,000 shares of common stock outstanding throughout 2006. On January 1, 2006, Ramon Inc. issued 500, five-year, $1,000 face value bonds at par.

  What is the yield for a 90-day t-bill with a price

What is the price of a 6-month Treasury Bill with a stated yield of 2.50%?

  Housing crash in the usa

I need help understanding what the effects the housing crash in the United State had on:

  Long-term financial management decisions

About 67% of the acquisitions of other companies result in losses to the acquiring firms stockholders. Since it is well documented that most acquisitions are financial failures, why do firms continue to purchase other firms?

  Calculate the maximum price

Jeremy Kohn is planning to invest in a 10-year bond that pays a 12 percent coupon. The current market rate for similar bonds is 9 percent. Assume semi-annual coupon payments.

  Economy and the federal reserve bank

Report the recent conditions of consumer spending, labor markets, wages and prices, and industrial activity. What is the most recent monetary policy action taken by the FOMC?

  Determine average receivables balance

Dyl Pickle Corporation had credit sales of $3,500,000 last year and its days sales outstanding was DSO = 35 days. Determine its average receivables balance, based on a 365-day year?

  How big will the balloon payment be

However, the loan has an eight-year balloon payment, meaning that the loan must be paid off then.

  Computing the percentage returns

Assume a stock had the initial price of= $65.3 per share, paid the dividend of $4 per share in the year, and had the ending share price of=$107.67. Compute the percentage returns?

  Miller and modigliani model

According to the Miller and Modigliani model dividened policy is irrelevant. However, there are numerous factors in the real world that violate the MM assumptions.

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