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The BMW Company is made in europe It was founded by als since early 1900s had ever since been selling cars. The USA has been
- The BMW Company is made in europe
- It was founded by als since early 1900s had ever since been selling cars.
- The USA has been one of BMWs most loyal customers since the 1980s.
- You work as a financial analyst and have recently been placed onto an assignment with the BMW Company.
- According to the most recent financial statements, the BMW Company has reported a net loss of $3,900.
- The firms earnings before interest, tax, depreciation & amortization are positive and amount to $20,000.
- The amount of debt outstanding that the company has borrowed from the HSBC bank at the 10% interest rate is $14,000.
- The applicable corporate tax rate used by the BMW Company is 35%.
- In answering the questions below, show all the formulas used and calculations, along with the final answer.
- Calculate the amount of taxes that the bmw firm owes to the taxation office.
- Determine the level of the firm's pre-tax profit.
- Calculate the amount annual interest expense that the BMW company owes to HSBC.
- Estimate the level of the firm's operating profit.
- Calculate the level of the companyy's depreciation and amortization expense.
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