In 2015, a firm has receipts of $8 million and expenses (excluding depreciation) of $4 million. Its
Question:
In 2015, a firm has receipts of $8 million and expenses (excluding depreciation) of $4 million. Its depreciation for 2015 amounts to $2 million. If the effective income tax rate is 40%, what is this firm’s net operating income after taxes (NOPAT)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (9 reviews)
NOPAT 1 048 ...View the full answer
Answered By
Deepak Pal
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Question Posted:
Students also viewed these Business questions
-
MacGiver Brass is a brass plating firm with sales of $ 8 million and profits before taxes of $ 625,000. MacGiver has a loan outstanding at its local bank for working capital purposes. As the loan...
-
Javier Company has sales of $8 million and quality costs of $1,600,000. The company is embarking on a major quality improvement program. During the next three years, Javier intends to attack failure...
-
MCC Corporation currently has cash flow from operations of $10 million, capital expenditures of $8 million, and pays a dividend of $2 million (all are perpetuities). The firm has no growth prospects...
-
Factor each trinomial. 4(m 5)2 4(m 5) 15
-
Consider the following random experiment: First, roll a die and observe the number of dots facing up; then, toss a coin the number of times that the die shows and observe the total number of heads....
-
Compte, Incorporated (a U.S.-based company), establishes a subsidiary in Croatia on January 1, 2023. The following account balances for the year ending December 31, 2024, are stated in kuna (K), the...
-
Reconsider Example 2.20. The conditional probability that a high level of contamination was present when a failure occurred is to be determined. The information from Example 2.20 is summarized here....
-
The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of Medicare tax withheld on total salaries of $90,000 for the period. Earnings of $10,000 are subject to...
-
Part A The vertical displacement of a wave traveling in the x-direction is given as: D(x, t) = (3.5 cm) sin(2.5x-132t), where x is in m and t is in s. Part B A Part C Part D Part E Part F What is the...
-
For hierarchical routing with 4800 routers, what region and cluster sizes should be chosen to minimize the size of the routing table for a three-layer hierarchy? A good starting place is the...
-
A firm is considering a capital investment. The risk premium is 0.04, and it is considered to be constant through time. Riskless investments may now be purchased to yield 0.06 (6%). If the projects...
-
Two investment alternatives are being considered. The data below have been estimated by a panel of experts, and all cash flows are assumed to be independent. Life is not a variable. With MARR = 15%...
-
A monatomic ideal gas expands at constant pressure. (a) What percentage of the heat being supplied to the gas is used to increase the internal energy of the gas? (b) What percentage is used for doing...
-
Explain how to partition data into training, validation, and test sets in order to construct and evaluate predictive data mining models.Be sure to support your comments with reference
-
Find the amount of a promissory note of $58,560 settled 60 days after the due date. The default interest stipulated in the payment is 48%
-
Show that u(x,t) = [sin(x-t) + sin(x + t)] is a solution to the one-dimensional J wave equation given by t = u x
-
2. Evaluate the function f(x,y)=xy+1 for each of the following: (a) f(2,1) (b) f (1,2)
-
). 13. Find the gradient Vf for the function f(x,y)=5x+ at the point (4,2 (6)
-
The two-wire lines shown in Figure 10.36 are all lossless and have Z 0 = 200 . Find d and the shortest possible value for d 1 to provide a matched load if λ = 100 cm. S.C Matched 100 2
-
The graph of the sequence whose general term is an = n - 1 is which of the following? [8.1] A. B. TITTT 3-2-1 23.45 2.3.4
-
A low-cost noncontact temperature measuring tool may be able to identify railroad car wheels that are in need of repair long before a costly structural failure occurs. If BNF Railroad saves $100,000...
-
Determine the present worth in year 0 of the cash flows shown at an interest rate of 15% peryear. Year 1 2 3 4 5 6 7 8 9 10 Cash Flow, $ 90 90 90 85 80 75 70 65 60 55
-
The Pedernales Electric Cooperative estimates that the present worth now of income from an investment in renewable energy sources is $12,475,000. There will be no income in years 1 and 2, but in year...
-
What are the ethical, cultural, and socioeconomic dimensions of biodiversity conservation, including indigenous rights, traditional ecological knowledge, and the equitable distribution of...
-
Describe the common Linux file systems Describe the Linux Logical Volume Manager Explain the Linux boot process List and Describe the Linux file system organization Explain methods to locate Linux...
-
What year was Linux created? What type of User Face is Linux ? What are the features in Linux? What is the historical significance of Linux? What is the current version of Linux?
Study smarter with the SolutionInn App