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Question 1 Brown Office Supplies recently reported $17,000 of sales, $8,250 of operating costs other than depreciation, and S1,750 of depreciation. It Not yet had
Question 1 Brown Office Supplies recently reported $17,000 of sales, $8,250 of operating costs other than depreciation, and S1,750 of depreciation. It Not yet had S9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the answered firm's earnings before taxes (EBT)? Points out of 1.00 Select one: P Flag question a. $7,071 b. $5,287 c. $6,370 d. $7,453 e. $6.052 Question 2 Over the years, Masterson Corporation's stockholders have provided $34,000,000 of capital when they purchased new Not yet issues of stock and allowed management to retain some of the firm's earnings. The firm now has 2,000,000 shares of common stock outstanding, and the shares sell at a price of $28 per share. How much value has Masterson's management answered Points out of added to stockholder wealth over the years, that is, what is Masterson's MVA? 1.00 P Flag question Select one: a. $45,000,000 b. -$2,000,000 c. $20,000,000 d. -$34,000,000 e. $22,000,000
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