What is beige corporation''s current e & p


A firm has operating profit of $210,000 after deducting lease payments of $30,000. Interest expense is $50,000. What is the firm's fixed charge coverage?$ Net operating loss carryforward deducted currently 35,000 Gain recognized this year on an installment sale from a prior year 22,000 Depreciation deducted on tax return (ADS depreciation would have been $5,000) 20,000 Interest income on Iowa state bonds 4,000 what is Beige Corporation's current E & P ?

 

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Accounting Basics: What is beige corporation''s current e & p
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