In 2018, ABC Corp. had sales/revenue of $26,500,000, Costs of Goods Sold (COGS) of $14,500,000, Sales,...

In 2018, ABC Corp. had sales/revenue of $26,500,000, Costs of Goods Sold (COGS) of $14,500,000, Sales, General, and Administrative (SG&A) expense of $5,600,000, Depreciation expense of $1,000,000, and Interest expense of $400,000. Also assume that its average tax rate was 19%. What was ABC Corp.'s Earnings Before Interests and Taxes (or Operating Income) as of 2018?

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jeff jeffy answered 2 years ago

ABC Corp. had $30,000,000 in revenues (sales), $10,000,000 in Costs of Goods Sold (COGS), $3,500,000 in...

ABC Corp. had $30,000,000 in revenues (sales), $10,000,000 in Costs of Goods Sold (COGS), $3,500,000 in SG&A expenses, $5,400,000 in depreciation expenses, $3,000,000 in interest expenses, and $1,745,000 in tax expenses. ABC Corp.'s shares are currently traded at $25.52, and the company currently has 1,500,000 shares outstanding. What is the company's earnings per share (EPS)? What is the company's price-earnings ratio?

ABC Corp. had $30,000,000 in revenues (sales), $10,000,000 inCosts of Goods Sold (COGS), $3,500,000 in...

ABC Corp. had $30,000,000 in revenues (sales), $10,000,000 in Costs of Goods Sold (COGS), $3,500,000 in SG&A expenses, $5,400,000 in depreciation expenses, $3,000,000 in interest expenses, and $1,745,000 in tax expenses. ABC Corp.'s shares are currently traded at $25.52, and the company currently has 1,500,000 shares outstanding. What is the company's earnings per share (EPS)?Group of answer choices$4.24$20.00$25.52We do not have sufficient information to answer this question.

STU Corp. had $36,000,000 in revenues (sales), $12,600,000 in Costs of Goods Sold (COGS), $4,900,000 in...

STU Corp. had $36,000,000 in revenues (sales), $12,600,000 in Costs of Goods Sold (COGS), $4,900,000 in SG&A expenses, $4,700,000 in depreciation expenses, $3,400,000 in interest expenses, and $2,200,000 in tax expenses. The firm held $36,900,000 in total assets, of which $2,000,000 were in cash or equivalent, $4,500,000 were in accounts receivable, and $5,600,000 were in inventories. $23,400,000 of the $36,900,000 in total assets were in shareholder’s equity. What was the firm’s total assets turnover?

PQR Corp. had $35,000,000 in revenues (sales), $12,600,000 in Costs of Goods Sold (COGS), $4,900,000 in...

PQR Corp. had $35,000,000 in revenues (sales), $12,600,000 in Costs of Goods Sold (COGS), $4,900,000 in SG&A expenses, $4,600,000 in depreciation expenses, $3,400,000 in interest expenses, and $2,200,000 in tax expenses. The firm also had $36,200,000 in total assets and $14,200,000 in total liabilities during the same fiscal year. What was the firm’s fixed asset turnover?

GHI Corp. had $34,000,000 in revenues (sales), $11,500,000 in Costs of Goods Sold (COGS), $4,900,000 in...

GHI Corp. had $34,000,000 in revenues (sales), $11,500,000 in Costs of Goods Sold (COGS), $4,900,000 in SG&A expenses, $4,200,000 in depreciation expenses, $3,400,000 in interest expenses, and $2,100,000 in tax expenses. The firm had $36,200,000 in total assets, of which $24,500,000 was shareholder’s equity. The firm had 2,100,000 shares, and the price of the firm’s share was $36.45 each. What was the firm’s EBIT/Operating Income?

DEF Corp. had $31,000,000 in revenues (sales), $10,500,000 inCosts of Goods Sold (COGS), $4,500,000 in...

DEF Corp. had $31,000,000 in revenues (sales), $10,500,000 in Costs of Goods Sold (COGS), $4,500,000 in SG&A expenses, $4,000,000 in depreciation expenses, $3,200,000 in interest expenses, and $1,450,000 in tax expenses. What was the firm’s tax rate?

In 2018, XYZ Inc. had sales of $36 million, costs of goods sold of $15 million,...

In 2018, XYZ Inc. had sales of $36 million, costs of goods sold of $15 million, Sales, General and Administrative (SG&A) expenses of $6 million, Depreciation expenses of $4 million, Interest expenses of $800,000, Average Tax Rate of 17%, total debt of $15 million, and total assets of $31 million. What was XYZ Inc.'s Profit Margin as of 2018?

During 2018, Raines Umbrella Corp. had sales of $745,000. Cost of goods sold, administrative and selling...

During 2018, Raines Umbrella Corp. had sales of $745,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $578,000, $87,000, and $134,000, respectively. In addition, the company had an interest expense of $102,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) Assume Raines Umbrella Corp. paid out $24,000 in cash dividends. If spending on net fixed assets and net working capital was zero, and if no new stock was issued...

During 2018, Raines Umbrella Corp. had sales of $739,000. Cost of goods sold, administrative and selling...

During 2018, Raines Umbrella Corp. had sales of $739,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $454,000, $99,000, and $144,500, respectively. In addition, the company had an interest expense of $72,200 and a tax rate of 24 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully tax deductible.) a. What is the company’s net income/loss for 2018? (Do not round intermediate calculations. Enter your answer as a positive value.) b....

During 2018, Raines Umbrella Corp. had sales of $718,000. Cost of goods sold, administrative and selling...

During 2018, Raines Umbrella Corp. had sales of $718,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $447,000, $95,500, and $141,000, respectively. In addition, the company had an interest expense of $70,800 and a tax rate of 22 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully tax deductible.) a. What is the company’s net income/loss for 2018? (Do not round intermediate calculations. Enter your answer as a positive value.) b....

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