Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 2 3 The company X has sales of 1 000 000 CAD, costs of 315 000 CAD, Depreciation expense of 80 000 CAD, Interest

image text in transcribed

1

image text in transcribed

2

image text in transcribed

3

The company X has sales of 1 000 000 CAD, costs of 315 000 CAD, Depreciation expense of 80 000 CAD, Interest of 50 000 and a tax rate of 40%. What is the net income of this company ? The company X has sales of 1 100 000 CAD, costs of 315 000 CAD, Depreciation expense of 100 000 CAD, Interest of 50 000 and a tax rate of 40%. Suppose the company paid 85 000 in terms of dividend, what is the retained earning ? The company X has sales of 50 000, costs of 23 000, depreciation expenses of 19 000and an interest of 1 100. if taxes are 35% what is the company's OCF

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Major Accounting Firms Understanding The Role Of Global Auditing Giants

Authors: Seth Nashe

1st Edition

B0CGKZ5Y2Q, 979-8859081318

More Books

Students also viewed these Accounting questions

Question

Factors Affecting Conflict

Answered: 1 week ago

Question

Describe the factors that lead to productive conflict

Answered: 1 week ago

Question

Understanding Conflict Conflict Triggers

Answered: 1 week ago