7. Chapter MC, Section .02, Problem 075 Edwards Electronics recently reported $11,250 of sales, $5,500 of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
7. Chapter MC, Section .02, Problem 075 Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Oa. $3,375.00 Ob. $3,045.94 Oc. $3,206.25 Od. $2,748.96 Oe. $2,893.64 7. Chapter MC, Section .02, Problem 075 Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Oa. $3,375.00 Ob. $3,045.94 Oc. $3,206.25 Od. $2,748.96 Oe. $2,893.64
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
What is Computrons net operating profit after taxes (NOPAT)? What are operating current assets? What are operating current liabilities? How much net operating working capital and total net operating...
-
What are Computrons net operating profit after taxes (NOPAT) and free cash flow (FCF)? Donna Jamison, a graduate of The University of Tennessee with four years of banking experience, was recently...
-
How to find net operating profit after taxes for the forecast year?
-
Mick Stone disposed of the following assets during tax year 2020-21: (1) On 19 May 2020, Mick sold a freehold warehouse for 522,000. This warehouse was purchased on 6 August 2008 for 258,000, and was...
-
A friend of yours, attending another university, states she learned that CVP is a short-run-oriented model and is, therefore, of limited usefulness. Your professor, however, has often discussed CVP...
-
Describe items of information that the forensic accountant might need, that are in the possession of the confessor, and for which a signed release of information might be appropriate.
-
Demonstrate the density property of rational numbers by finding a rational number between \(\frac{27}{13}\) and \(\frac{21}{10}\).
-
Fred Ridgeway has been given the responsibility of managing a training and development program. He knows the earliest start time, the latest start time, and the total costs for each activity. This...
-
9 31 nts eBook Exercise 8-17A (Algo) Effect of revenue expenditures versus capital expenditures on financial statements LO 8-8 Sellers Construction Company purchased a compressor for $106,600 cash....
-
The graph below shows the hours studied and the test grades on a biology test for 7 students. The red line on the graph can be used to approximate the test grade the average student receives for the...
-
Exercise 8.1. Dimensionality of data arrays Using figure 8.1 as reference, list the dimension of each signal (s1 to s14) of table 8.3. Write also the number of wires needed to physically implement...
-
Stray Cats has annual sales of $ 8 4 7 , 0 0 0 , annual depreciation of $ 4 7 , 0 0 0 , and net working capital of $ 4 3 , 0 0 0 . The tax rate is 2 1 percent and the profit margin is 7 . 3 percent....
-
Let f(x) = x + 4x+3x + 3x. Then f'(x) is and f'(4) is f"(x) is and f"(4) is Submit Question Question 4 Let g(s) = (4s - 8)7. Then g'(s) is g (2) is g'(s) is and g'(2) is
-
(1) Convert the following binary machine code to Pep/9 assembly language. (2) Describe what the code does. (3) What is the output? Address Machine Language 0000 1101 0001 1111 1100 0001 0101 0003...
-
How do we figure out the debt Roche would need to finance its purchase of Genentech at the current offer of $89/share assuming Roche's financial statements are consolidated and that they need $3...
-
As an analyst, would you recommend to the firm's management that they issue new debt? If yes, how much and at what coupon rate? At that level, how many shares will they purchase?
-
For 98 randomly selected college students, the following exam score frequency distribution was obtained. Class Frequency 100 - 5 108 109 - 18 117 118- 42 126 127 - 25 135 136 - 144 8 What is the...
-
According during to the IRS, individuals filing federal income tax returns prior to March 31 received an average refund of $1,088 in 2018. Consider the population of "last-minute" filers who mail...
-
What is the present value of $1,552.90 due in 10 years at (1) A 12 percent discount rate (2) A 6 percent rate?
-
The management of Ferri Phosphate Industries (FPI) is planning next years capital budget. FPI projects its net income at $7,500, and its dividend payout ratio is 30 percent. The companys earnings and...
-
Yesterday Sanjay sold 1,000 shares of stock that he owned for $45 per share. When he purchased the stock two years ago, Sanjay paid $50 per share. Every three months during the time that he held the...
-
\(-\frac{3}{7}\) Identify each number as a natural number, an integer, a rational number, or a real number.
-
\(\sqrt{19}\) Identify each number as a natural number, an integer, a rational number, or a real number.
-
13 Identify each number as a natural number, an integer, a rational number, or a real number.
Study smarter with the SolutionInn App