Degree of financial leverage
A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is?
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Pass Corporation owns 80% of Sindy Company, purchased at the underlying book value on January 1, 2010. On January 1, 2010, Pass also purchased $200,000 par value 6% bonds that had been issued by Sindy on January 1, 2007 with a ten-year maturity (d
A firm has common stock of $84, paid-in surplus of $200, total liabilities of $380, current assets of $330, and fixed assets of $540. What is the amount of the shareholders' equity?
Assume that all direct material used is only recorded at the end of the month. Also assume that the firm uses a standard cost accounting system (with variances recorded). Prepare the journal entry for direct materials used du
Pierson Corporation owned 10,000 shares of Hunter Corporation. These shares were purchased in 2007 for $90,000. On November 15, 2011, Pierson declared a property dividend of one share of Hunter for every ten shares of Pierson held by a stockholder
1) Why is the family considered the most important agent of socialization? 2) What caused the dramatic changes to the American family? What are those changes?
An individual has $40,000 invested in a stock with a beta of 0.4. If these are the only two investments in her portfolio, what is her portfolio's beta?
Your firm has net income of $245 on total sales of $1,080. Costs are $610 and depreciation is $120. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash flow?
Prepare a cost reconciliation for April. (Note: You will not be able to break the cost to be accounted for into the cost of beginning inventory and costs added during the month.)
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but I would like to discuss to what extent employers should/should not influence or curb political participation in their workplaces.
Suppose you are the head of an island nation with a poor, growing population and the natural resources of the island are being degraded.
Question: What was the economic and political impact, if any protect the health and welfare to citizens ?
Problem: Article 3 of the Texas Constitution sets up the Texas Legislature. It also does which of the following?
Summarize how the ERA can be ratified and explain why this is the most likely way. You will draw on instances that are important to you
Which amendment to the U.S. Constitution is often called the "States' Rights Amendment" and is commonly used by states to challenge
Mechanisms of State-Led Development:** - **Industrial Policy:** Both countries used targeted industrial policies to support specific sectors, such as electroni