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?
Now Priced at $5 (50% Discount)
Recommended (91%)
Rated (4.3/5)
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.)
1936392
Questions Asked
3,689
Active Tutors
1427014
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
The nurse is teaching an adult client with type 1 diabetes mellitus about the need for eye examinations.
Question: Which factor may have a permanent effect on the outcome of the pregnancy of an adolescent client?
Question: Which statement confirms the client understands the teaching regarding the use of oral contraceptives?
At her first prenatal clinic visit, a primigravida has blood drawn for a rubella antibody screening test, and the results are positive.
The nurse is admitting a client into the emergency room who has suffered a head injury. Which of the following assessment findings would indicate
A patient with advanced cancer has several morphine orders to manage pain. There is a continuous infusion ordered to run at 6 mg per hour
A 36-year-old client undergoes a modified radical mastectomy. The nurse determines that the client understands the schedule for self-examination