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nignag [31]
2 years ago
12

Last year, Kaylor Equipment had $15,900 of sales, $500 of net new equity, dividend payments of $75, an addition to retained earn

ings of $418, depreciation of $680, and $511 of interest expense. What are the earnings before interest and taxes at a tax rate of 21 percent?
Business
1 answer:
ArbitrLikvidat [17]2 years ago
4 0

Answer:

$1,135.05

Explanation:

Given:

Sales = $15,900

Net new equity = $500

Dividend payments = $75

Retained earnings = $418

Depreciation = $680

Interest expense = $511

Tax rate = 21% = 0.21

Now,

Net income = Retained earnings + Dividend payments

= $418 + $75

= $493

Profit before tax = Net income ÷ ( 1 - tax rate )

= $493 ÷ ( 1 - 0.21 )

= $624.05

Therefore,

Earnings before interest and taxes

= Profit before tax + Interest expense

= $624.05 + $511

= $1,135.05

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When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that pe
Dimas [21]

Answer:

Option A is correct one.

Competing

Explanation:

When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that person is using the conflict-handling intention of <u>Competing.</u>

When one person seeks to satisfy his or her interests regardless of the impact on the other parties to the conflict, he is competing. The competition involves authoritative and assertive behaviours.

8 0
2 years ago
Elias works as a fire fighter. His top priorities are maintaining safety equipment and protecting himself from physical and econ
Zarrin [17]

Answer:

'Safety Needs' from 'Basic Needs'

Explanation:

Maslow's hierarchy of needs is a psychological theory, stating the priority ranking in which individuals seek to fulfil their needs.

  • Basic Needs : Physiological needs (food, water, shelter) and Safety needs (security , wealth base)
  • Psychological Needs : Love, Belongingness needs (good family, friends bonds) and Self Esteem needs (prestige, self accomplishment)
  • Self Fulfilment Needs : Self Realisation needs (enhancing growth potential, creative activities)

Elias works as a fire fighter. Although she prioritises protection from safety equipment ; she still bought a 'disability insurance' with income protection. This act highlights towards Elias fulfilling / prioritising her : Safety Needs (Security of body, health, employment, resources, family welfare, property); broadly from 'Basic Needs'.

8 0
2 years ago
If Virusfree Inc's stock sells for $40, pays a $4.25 dividend, and the stock is expected to grow at a constant rate of 5%, which
Alika [10]

Answer:

<u><em>15.63%</em></u>

Explanation:

The answer is simply calculated by putting a simple formula in place.

The formula is, P = D/(r-g)

Hence, applying the formula, we have the following values,

P: 40 , D: 4.25 , g: 0.05 & r: ?

Step 1: 40 = 4.25/(r-0.05)

Step 2: r = (4.25/40)+0.05

Hence the cost of equity is = 15.63%

Thankyou.

6 0
2 years ago
Michael works as a sales representative for an oilfield supply business in West Texas. He sells highly technical safety equipmen
Sphinxa [80]

Answer:

d. the complexity of the product.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.

For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.

4 0
2 years ago
Net income for the year for Carrie, Inc. was $750,000, but the statement of cash flows reports that net cash provided by operati
dybincka [34]

Answer:

The difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

Explanation:

The net cash flow from operating activities is calculated after adding and deducting certain items and adjustments to net income to get operating cash flow.

First of all, the gains or losses from sale of fixed assets are adjusted, losses are added back and gains are deducted, to get income from operations.

All the non cash transactions that is unrealized gains or losses are eliminated.

Depreciation being non cash is added back.

All the changes in working capital is adjusted.

Increase in value of current assets are deducted, decrease in value of current assets are added, increase in current liability is added and decrease in current liabilities is deducted.

Thus, after all these adjustments the cash flow from operating activities is calculated.

In the given instance also, the difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

3 0
2 years ago
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