Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes (EBIT) at they distribute $100,000 in dividends. Calculate the net profits after taxes

image text in transcribed
image text in transcribed
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes (EBIT) at they distribute $100,000 in dividends. Calculate the net profits after taxes for the firm assumin O A. $490,000 O B. $387,100 OC. $287,100 O D. $102,900 fore interest and taxes (EBIT) at the year end. Interest expenses for the year were $10,000. The firm expects to profits after taxes for the firm assuming a 21 percent tax on ordinary income

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

More Books

Students also viewed these Finance questions

Question

Evaluate using Pascal's Triangle. 1. 2. 7, (2, 10 4

Answered: 1 week ago

Question

Explain the importance of nonverbal messages.

Answered: 1 week ago

Question

Describe the advantages of effective listening.

Answered: 1 week ago

Question

Prepare an employment application.

Answered: 1 week ago