Smashed Pumpkins Company paid $232 in dividends and $652 in interest over the past year. The company increased retained earnings by $546 and had accounts payable of $738. Sales for the year were $16,685 and depreciation was $768. The tax rate was 40 percent. What was the company's EBIT?
Answers
$1948 is the company's EBIT. Based on the information given in the question, the company's EBIT would be calculated.
Explanation:Earnings After Tax will be:
= Retained Earnings + Dividends
= $232+ $546
= $778
Earnings Before Tax will be:
= EAT / (1 - tax rate)
= $778 / (1 - 40%)
= $778 / (1 - 0.40)
=$778 /0.60
=$1296.66
EBIT would then be calculated as:
= EBIT + Interest
= $1296.66+ $652
=$1948
Thus, it is $1948
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Related Questions
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answers
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
The Army uses aircraft simulators to train helicopter pilots, which decreases fuel consumption, helicopter maintenance, storage requirement, and air traffic control congestion. It also improves safety. This is an example of
(A) scientific management.
(B) administrative management.
(C) operations management.
(D) behavior perspective.
(E) classical perspective.
Answers
Army's use of aircraft simulators for helicopter pilot training is an excellent example of operations management.
Operations management is the field of management that focuses on designing, controlling and improving the production process to meet the customer's needs.
The main idea behind using simulators is to reduce the amount of actual flight time required for the pilots, which in turn reduces the consumption of fuel, the need for helicopter maintenance, and the amount of storage space required. This is because the simulators can recreate the flight environment without the need for an actual helicopter to be in the air.
Additionally, simulators also help to reduce air traffic control congestion. Congestion refers to the situation in which too many aircraft are trying to use the same airspace at the same time, leading to delays and increased risk of accidents.
By reducing the number of actual flights required for training, the simulators help to reduce the overall demand for airspace, leading to less congestion and improved safety for all aircraft.
To put it in mathematical terms, we can use a simple formula to calculate the reduction in fuel consumption:
Fuel consumption = Total flight time x fuel consumption rate
By reducing the total flight time required for training, the simulators help to reduce the amount of fuel that is consumed.
The best answer is (C) operations management.
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Which career pathways require workers to train at special academies?
EMTs and Emergency Dispatchers
Crossing Guards and Lifeguards
Police Officers and Firefighters
Lawyers and Judges
Answers
Answer:
Police Officers and Firefighters
Answer:
the correct answer would be police officers and firefighters
Explanation:
hope this helps:)
3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answers
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
Describe how to make an electronic payment.
Answers
Answer:
In the explanation. :)
Explanation:
Each bank as similar ways when it comes to making an electronic payment. Once you are in your bank information on your phone or computer, you can set up a payment in the payments/bills section. You add the information to the bill you wish to pay and then you send the amount you want to pay ont he date you schedule it for.
Hope this helps. Have a great weekend.
Click this link to view O*NET’s Work Activities section for Registered Nurses. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Registered Nurses? Select four options.
communicating with supervisors, peers, or subordinates
making decisions and solving problems
repairing and maintaining mechanical equipment
drafting technical devices
assisting and caring for others
documenting/recording information
Answers
Some common work activities performed by Registered Nurses are:-
Making decisions and solving problems.Assisting and Nurses for others.Communicating with supervisors, peers, or subordinates.Drafting technical devices.Evaluating, Nurses watching, and conversing with patients keeping a record of the symptoms, medical history, and state of health of the patient. Patient Care preparation for examinations and treatment. administering medications and therapies, then keeping track of patients' reactions and negative effects.
Usually, Nurses EMTs and paramedics do the following tasks: Respond to 911 calls for emergency medical help, such as doing CPR or bandaging a care wound. Typically, bioengineers and biomedical engineers do the following tasks: Create tools and gadgets, such as synthetic internal organs, body part replacements.
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This problem is inspired by a study of the "gender gap" in earnings in top corporate jobs [Bertrand and Hallock (2001)]. The study compares total compensation among top executives in a large set of U.S. public corporations in the 1990s. (Each year these publicly traded corporations must report total compensation levels for their top five executives.)a. Let Female be an indicator variable that is equal to 1 for females and 0 for males. A regression of the logarithm of earnings onto Female yields: ln(Earnings) = 6.48 - 0.44 Female, SER = 2.65. (0.01) (0.05) i. The estimated coefficient on Female is - 0.44. Explain what this value means. ii. The SER is 2.65. Explain what this value means. iii. Does this regression suggest that female top executives earn less than top male executives? Explain.iv. Does this regression suggest that there is gender discrimination? Explain.
Answers
Answer:
Following are the solution to this question:
Explanation:
In point 1:
The average, women's income is 44% much fewer men's, but on the other hand, and the (Transactions ) For average, 0.44 is lower on average than men's.
In point 2:
The error term is 2.65 default (measured in log points).
In point 3:
The answer is "Yes".
In point 4:
The answer is "No".
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
The owner of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create. The landscaper wants to determine the viability of this business opportunity What should this entrepreneur do FIRST before offering to design and build water features as part of his landscaping business? оооо
Contact the water department to see if they can support the extra demand for water.
Ask the customers in the area if they are interested in adding a water feature to their gardens.
Determine if there is a supply chain available. Perform a financial audit to determine if there is
enough money available to add the new service.
Answers
What the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
LandscapingSince none of his competitors are including ponds or other water features in their gardens.
When determining the viability of the business opportunity the first step is for the owner of the landscaping business to all ask the customers in the area whether they are interested in adding a water features to their garden.
Inconclusion what the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
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Answer:
Ask the customers in the area if they are interested in adding a water feature to their gardens...
Explanation:
Which of the following is a true statement?
A serial gift strategy utilizes intervivos gifts to multiple donees over multiple years to maximize the annual exclusion. A serial gift strategy works well even if the gifts don't quality as present interests, A bypass trust avoids all estate taxes on the estate of the first spouse to die. The income tax savings from holding appreciated property until death is always outweighed by the additional estate tax imposed on the property None of these is true.
Answers
The true statement is, "A serial gift strategy utilizes intervivos gifts to multiple donees over multiple years to maximize the annual exclusion."
A serial gift strategy involves making gifts to multiple recipients over several years to take advantage of the annual exclusion from gift taxes. Intervivos gifts are those made during the giver's lifetime. This strategy is effective in reducing the overall taxable estate and can help in estate planning. The other statements are not true as gifts must qualify as present interests, a bypass trust does not avoid all estate taxes, and the income tax savings from holding appreciated property until death may not always outweigh additional estate tax.
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Name some areas where there’s an expected be an increased demand for workers
Answers
Answer:
Health care,Social assistance,Child care
GIVING 25 POINTS FOR THE CORRECT ANSWERS!!!!
1: The three elements needed in order to make database marketing work are technology, prioritization, and accurate information.
False
True
2:Starting with a clean list is an important step in database marketing
False
True
Answers
Answer:
first one is T the second is F
The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing. Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.
Database marketing is a type of marketing technique that can be used by companies like merchants, technology suppliers, insurance providers, and other services. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.
In database marketing, marketers will use the information gathered to better understand customers, choose target markets for certain marketing campaigns (through customer segmentation), assess how valuable clients are to the business, and give customers more specialized options. Customers' names, addresses, emails, phone numbers, purchase histories, job titles, website cookies, and even help requests are among the data that may be collected.
Data is first gathered from a variety of sources in database marketing. Tracking is possible for names, addresses, emails, phone numbers, purchase histories, and other information. The information can be gathered through a variety of techniques, such as tracking user cookies, purchase histories, newsletter subscriptions, or anything else that calls for the completion of forms, such entry forms for contests, offers of free samples of goods, product warranty cards, and so forth. Additional client records may be created as a result of leads generated by the marketing and sales teams. Although different nations may have varying rules surrounding what types of data can be bought and sold, prospect data can also be purchased from third parties.
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Lavonda’s very wealthy grandmother recently died. After her death, everything she owned totaled $1,000,000. However, her family was only given $700,000. What MOST likely happened to the other $300,000?
It was used to cover income taxes.
It was used to cover sales taxes.
It was used to cover excise taxes.
It was used to cover estate taxes.
Answers
Answer: wrong it is estate taxes
Explanation:
The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.
What is the meaning of Estate taxes?Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.
According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.
Therefore, the taxable estate to be included is $300,000. Thus last option is correct.
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At July 1, 2022, Landis Company sold the Ritter bonds for $3,090,000 immediate after receiving the interest payment. Assuming Landis Company has a portfolio of Available-for-Sale Debt Securities, what should Landis Company report as a gain(loss) on the bonds?
Answers
Answer:
76900
Explanation:
Fair Value of Ritter=3,180,000
Landis Purchased= 3,000,000
Rate = 8%
Time = 5 yrs
Bond sold = 3124,740
Rate = 7%
3,180,000- (3124,740 – 10,620 – 10, 980) =76900
In a growing industry, the mean number of hours of productivity lost by employees per week due to online social media engagement is 10 hours, with a standard deviation of 1.9 hours. Note: Assume the population data is normally distributed. a. What is the probability that an employee will lose more than 12 hours of a. What is the probability that an employee will lose more than 12 hours of productivity due to online social media engagement? P(X>12)= Round to four decimal places if necessary Round to four decimal places if necessary b. What is the probability that 8 employees will lose more than 11 hours of prodüctivity due to online social media engagement? P(
X
>11)= Round to four decimal places if necessary
Answers
The mean number of hours of productivity lost by employees per week due to online social media engagement in a growing industry is 10 hours, with a standard deviation of 1.9 hours.
Let's solve the given problems:
a) What is the probability that an employee will lose more than 12 hours of productivity due to online social media engagement?
P(X > 12)The formula for calculating the Z-value is given by:
Z=(X- μ)/ σ
Where, X = 12 hours
μ = 10 hours
σ = 1.9 hours
Now, we substitute the given values in the formula and get,
Z=(X- μ)/ σ
Z=(12- 10)/ 1.9
Z= 1.05
Using the Z-table, we find the probability that an employee will lose more than 12 hours of productivity due to online social media engagement as
P(X > 12) = P(Z > 1.05)
= 0.1469
Therefore, the probability that an employee will lose more than 12 hours of productivity due to online social media engagement is 0.1469 (rounded to four decimal places).
b) What is the probability that 8 employees will lose more than 11 hours of productivity due to online social media engagement?
Here, n = 8
X = 11 hours
μ = 10 hours
σ = 1.9 hours
The formula for calculating the Z-value is given by:
Z=(X - μ)/ (σ/ √n)
Now, we substitute the given values in the formula and get,
Z = (X - μ) / (σ / √n)
Z = (11 - 10) / (1.9 / √8)
Z = 1.53
Using the Z-table, we find the probability that eight employees will lose more than 11 hours of productivity due to online social media engagement as
P(X > 11) = P(Z > 1.53)
= 0.0636
Therefore, the probability that eight employees will lose more than 11 hours of productivity due to online social media engagement is 0.0636 (rounded to four decimal places).
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In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market price of $10.80 per share. GE also had cash of $48 billion, and total debt of $524 billion. Three years later, in early 2012, GE had a book value of equity of $116 billion, 10.6 billion shares outstanding with a market price of $17 per share, cash of $84 billion, and total debt of $410 billion. Over this period, what was the change in GE's a. Market capitalization? b. Market-to-book ratio? c. Enterprise value?
Answers
Answer and Explanation:
1. The computation of Market capitalization is shown below:-
Market Capitalization in 2009 = Market Price × Outstanding Shares
= 10.5 × $105
= $1,102.5 billion
Market Capitalization in 2012 = Market Price × Outstanding Shares
= $17 × $10.6
= $180.2 billion
Changes in Market Capitalization = Market Price × Outstanding Shares
= $1,102.5 billion - $180.2 billion
= $922.3
b. The computation of Market-to-book ratio is shown below:-
Market to Book Ratio in 2009 = Market Value of Firm ÷ Book Value of Firm
= $1,102.5 billion ÷ $105 billion
= 10.5
Market to Book Ratio in 2012 = Market Value of Firm ÷ Book Value of Firm
= $180.2 billion ÷ $116 billion
= 1.55
Changes in Market to Book Ratio = Market to Book Ratio in 2009 - Market to Book Ratio in 2012
= 10.5 - 1.55
= 8.95
c. The computation of enterprise value is shown below:-
Book Debt to Equity Ratio in 2009 = Debt ÷ Book Value of Equity
= $524 ÷ $105
= 4.99
Book Debt to Equity Ratio in 2012 = Debt ÷ Book Value of Equity
= $410 ÷ $116
= 3.53
Changes in Book Debt to Equity Ratio = Book Debt to Equity Ratio in 2012 - Book Debt to Equity Ratio in 2009
= 3.53 - 4.99
= -1.46
A state charges a 7% sales tax on non-grocery items.
What is the sales tax when purchasing $125 of non-grocery items?
Enter your answer as a dollar value, like this: 56.78
Answers
Answer:
$8.75
Explanation:
The sales tax is on non-grocery is 7%
Sales tax on an item costing $125 will be
=7% of $125
=7/100 x $125
=0.07 x $125
=$8.75
what is the importance of rigor and mortis in meat tenderizing
Answers
Explanation:
To keep tenderrrrrrrrr
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Why are wages and salaries generally determined by the market for labor?
Answers
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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If you were to open up a business, how many hours would you be open ?
Answers
Porter+inc's+stock+has+an+expected+return+of+12. 25%,+a+beta+of+1. 25,+and+is+in+equilibrium. +if+the+risk-free+rate+is+5. 00%,+what+is+the+market+risk+premium?.
Answers
Answer: h,m can you form the formula
Explanation:
write a short notes on Kathmandu university??pleasssee helllppp mee.
Answers
Answer:
Kathmandu University (KU) is an autonomous, not-for-profit, self-funding public institution established by an Act of Parliament in December 1991. It is an institution of higher learning dedicated to maintaining the standard of academic excellence in various classical and professional disciplines. Its main objective is to become a world-class university devoted to bringing knowledge and technology to the service of mankind.
Explanation:
pls mark as brainliest
What event led the United States to freeze all Japanese assets and reduce the export of oil and gasoline to the island nation in 1941
Answers
Answer:
After advancing island by island across the Pacific Ocean, U.S. General Douglas MacArthur wades ashore onto the Philippine island of Leyte, fulfilling his promise to return to the area he was forced to flee in 1942.
Explanation:
there rlly isnt an explanation
Which event would definitely cause the equilibrium quantity of savings to decrease?
Answers
A leftward shift in the demand for loanable funds would definitely cause the equilibrium quantity of savings to decrease.
Loanable funds are the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption. The term loanable funds are used to describe funds that are available for borrowing. In the loanable funds market, the price is the interest rate and the thing being exchanged is money.
The market for loanable funds is important because it is the link between those willing and able to lend and those who wish to borrow. The interest rate represents the cost of borrowing.
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In Part 1-2 we discussed the main decisions of households. Which type of decision would describe the following decision? Adam is choosing between work and leisure. Labor supply decision Consumption decision Savings decision None of these
Answers
Consumption decisions involve choices related to the purchase and allocation of goods and services, while savings decisions involve choices regarding the allocation of income for future use or investment.
Adam's decision to choose between work and leisure falls under the category of a labour supply decision, as it involves the trade-off between time spent working and time spent on leisure activities.
The decision of Adam, who is choosing between work and leisure, can be categorized as a "labour supply decision." In this type of decision, individuals weigh the trade-offs between the time they spend working and the time they allocate for leisure activities.
When making a labour supply decision, individuals consider factors such as their wage rate, the number of hours they can work, and their preferences for leisure.
For example, if Adam values leisure time highly, he may choose to work fewer hours and have more leisure time.
On the other hand, if Adam values income and career advancement, he may choose to work longer hours and have less leisure time.
It's important to note that this decision is different from consumption and savings decisions.
Consumption decisions involve choices related to the purchase and allocation of goods and services, while savings decisions involve choices regarding the allocation of income for future use or investment.
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Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)
Answers
As an upcoming project manager, you are required to write a short paper on the following topic to be delivered at an upcoming project management conference in Gaborone. Projects managers bave existed time in memorial. However, the work of a contemporary project manager is challenged by many issues. Identify five issues that a contemporary manager is likely to face today while implementing projects as opposed to their counterparts in olden times.
Answers
Contemporary project managers face several challenges that differentiate them from their counterparts in the past. Five key issues they are likely to encounter today include increased complexity, globalization, rapid technological advancements, stakeholder management, and changing market demands.
Contemporary project managers face increased complexity compared to their counterparts in the past.
Projects today often involve multiple stakeholders, intricate supply chains, and interconnected systems, requiring managers to navigate complex organizational structures and dynamic environments.
Globalization is another challenge faced by contemporary project managers. Projects are frequently executed across different geographical locations, involving diverse cultures, regulations, and communication challenges.
Managers must possess the skills to effectively collaborate and manage teams across borders.
Rapid technological advancements present both opportunities and challenges for project managers.
The integration of emerging technologies, such as artificial intelligence, internet of things, and big data, requires managers to adapt to new tools, processes, and methodologies to ensure successful project implementation.
Effective stakeholder management is crucial in contemporary project management.
Project managers must engage and align the expectations of various stakeholders, including clients, team members, sponsors, and communities, to ensure project success and maintain positive relationships.
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Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answers
Answer:
Ability to work well with a project team
Explanation:
pls help me asap.....
Answers
Answer:
d
Explanation: