Business, 18.03.2021 01:20 trillred

During the year, Belyk Paving Co. had sales of $2,425,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,335,000, $635,000, and $450,000, respectively. In addition, the company had an interest expense of $275,000 and a tax rate of 25%. (Ignore any tax loss or carryforward provision and assume interest expense is fully deductible). Calculate the firm's net new long-term debt added during the year.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:20, angeline2004

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.

Answers: 3

continue

Business, 22.06.2019 13:30, austinmiller3030

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Answers: 2

continue

Business, 22.06.2019 15:30, Kiaraboyd9366

The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?

Answers: 3

continue

Business, 22.06.2019 22:00, Kira4585

Retail industry fundamentals credential exam, part 1 all answers

Answers: 3

continue

You know the right answer?

During the year, Belyk Paving Co. had sales of $2,425,000. Cost of goods sold, administrative and se...