Question
1-Builtrite brewery produced revenues of 1,145,227 in 2015. it has expenses ( excluding depreciation) of $812,640, Depreciation of $131,335, and interest expense of $81,112. It
1-Builtrite brewery produced revenues of 1,145,227 in 2015. it has expenses ( excluding depreciation) of $812,640, Depreciation of $131,335, and interest expense of $81,112. It pays and average tax rate of 34 percent. What is the firm's net income after taxes?
2-Builtrite had sales of $4,000,000. COGS totaled $1,400,000. Operating expenses were $1,100,000 and interest expenses was $335,000. Stock purchased for $37,500 was sold 15 months later for $30,500. Management paid a $500,000 common stock dividend and a 180,000 preferred stock divedend. Builtrite also recieved $200,000 in diviedend income. What is builtrate's taxable income?
3- Builtrate has reported the financial results for year-end 2015. Based on the information given, calculate the firm's gross profit margin and operating profit margin.
Net sales= $ 4,156,700 Net income= $778,321
Cost of goods sold= $2,715,334 EBIT= $1,356,098
4- bUILTRITE HAS REPORTED THAT ITS NET INCOME FOR 2012 WAS $1,276,351. tHE FIRM HAS 420,0000 SHARES OUTSTANDING and p-e ratio of 11.2 times. What is the firm's share price?
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