Determining the charge for depreciation and amortization
Pearson Brothers recently reported an EBITDA of $9.0 million and net income of $2.25 million. It had $3.6 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
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Ramona owns 100% of Violet Company. In 2012, Violet recognizes a long term capital gain of $85,000 and no other income (or loss). Ramona is in the 35% tax bracket and has no recognized capital gains (or losses) before considering her ownership int
Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant). What is the cost of common from retained earnings based on the DCF approach?
Accrued rents on the apartment building are as follows" 70,000 (date of death) and 60,000 (six months later). In order to pay expenses, the executor of Arlene's estate sells the Tan stock for $600,000 eight months after her death
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Vince Corporation has current assets of $300,000 and current liabilities of $175,000. Compute the effect of each of the following transactions on Vince's current ratio:
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If P=$25 and I=$1,000 curerrently, then: a. skin care products are a normal good. b. the elasticity of demand is equal to 11. c. skin care products are inferior. d. the price is too high.
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