subject
Business, 27.11.2019 02:31 ivanf30

Consider the following income statement for kroger inc. (all figures in $ millions):
year 2006 2005 2004
total sales 60,553 56,434 53,791
cost of goods sold 45,565 42,140 39,637
selling, general & admin expenses 11,688 12,191 11,575
depreciation 1,265 1,256 1,209
operating income 2,035 847 1,370
other income 0 0 0
ebit 2,035 847 1,370
interest expense 510 557 604
earnings before tax 1,525 290 766
taxes (35%) 534 102 268
net income 991 189 498
the interest rate tax shield for kroger in 2006 is closest to:
a) $187 million
b) $332 million
c) $534 million
d) $179 million

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 19:10, jess7kids
The development price itself is such a huge barrier, it's just a very different business model than boeing's used to. our huge development programs are typically centered around commercial airplanes, military aircraft, where there is a lot of orders. and right now the foundation of the business is two bites a year.
Answers: 3
image
Business, 22.06.2019 10:10, cuthbertson157
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
image
Business, 22.06.2019 12:30, deedee363
In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?
Answers: 3
image
Business, 22.06.2019 15:40, Fire8615
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
You know the right answer?
Consider the following income statement for kroger inc. (all figures in $ millions):
year 200...

Questions in other subjects:

Konu
Mathematics, 18.05.2021 22:40