Jane Doe is a private company which a management accountant is analyzing its performance. So it...
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Jane Doe is a private company which a management accountant is analyzing its performance. So it is trying to look at different components that are distributing to its success. The tests he wants to carry out are the following using the table below: Current liabilities Notes payable Equity Personal car Tax rate Net income Sales Interest on debt Canada bond rate TSX index Jan TSX index Dec Beta Cost of training workers Research and Development Current assets 4500 25600 150000 15000 30% 19500 56200 5. Calculate EVA? 8% 2% 14850 15200 1.5 23000 98000 $54000 REQUIRED 1. Calculate interest expense, tax and EBIT 2. Calculate the operating assets of the company. 3. Calculate ROI and Residual Income 4. What are the major criticisms directed towards the use of Return on Investment. Jane Doe is a private company which a management accountant is analyzing its performance. So it is trying to look at different components that are distributing to its success. The tests he wants to carry out are the following using the table below: Current liabilities Notes payable Equity Personal car Tax rate Net income Sales Interest on debt Canada bond rate TSX index Jan TSX index Dec Beta Cost of training workers Research and Development Current assets 4500 25600 150000 15000 30% 19500 56200 5. Calculate EVA? 8% 2% 14850 15200 1.5 23000 98000 $54000 REQUIRED 1. Calculate interest expense, tax and EBIT 2. Calculate the operating assets of the company. 3. Calculate ROI and Residual Income 4. What are the major criticisms directed towards the use of Return on Investment.
Expert Answer:
Answer rating: 100% (QA)
ANSWER 1 Interest expense2048 Tax expense835714 EBIT 2990514 ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
Posted Date:
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