a. Company Description: Fermes Ignazio Notaro & Fils Inc is located in Sherrington, QC, Canada and is part of the Other Crop Farming Industry. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. What is the net income for this firm?" Sales 742,000 Company Description: T.C. School American InterContinental University; Course Title FINA 425; Type. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. NYFG, Inc.l has sales including sales taxes for the month of $742,000. Finance. The common stock outstanding is 75,000 shares. Corporate Finance Definitions (Do not round intermediate calculations.) What is the addition to retained earnings? The common stock outstanding is 75,000 shares. The common stock outstanding is 75,000 shares. a. If the sales tax rate is 6%, how much does NYFG owe for sales tax. Homework Help. What is the net income for this firm 1 Find company research, competitor information, contact details & financial data for Notaro Builders Inc of Northfield, NJ. The common stock outstanding is 75,000 shares. Add your answer and earn points. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. Company Description: Notaro Homes Inc is located in Elgin, IL, United States and is part of the Residential Building Construction Industry. What is the dividends per share figure? Uploaded By hsmall13. Addition to retained earnings NYFG, Inc.l has sales including sales taxes for the month of $742,000. Sales are expected to grow at 15 Sales 845000 COGS 742000 Gross Margin 103000 If. Feedback: Net income = ($403,600 -323,100 -25,000 -9,300)(1 -.25) = $34,650 2. Notaro Contracting, Inc. is located in Hamburg, NY, United States and is part of the Residential Building Construction Industry. Solution for NYFG, Inc.I has sales including sales taxes for the month of $742,000. Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. Select… D. The lowest marginal rate is 25 percent. (Sales figure is estimated). Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. Dax Inc has sales of $403,600, costs of $323,100 depreciation expense of $25,000, and interest paid of $9,300. How much net income did the firm earn for the period? The tax rate is 25 percent. Notaro Homes Inc has 3 total employees across all of its locations and generates $3.50 million in sales (USD). What is the addition to retained earnings? (Sales figure is modelled). What is the earnings per share, or 2 EPS, figure? When analyzing a new project, the average tax rate should be used. Your email address will not be published . Answer of Nataro incorporated has sales of $742,000, costs of $316,000, depreciation expense of $34,000 and a tax rate of 21 percent. (2.5 pts) (Employees and Sales figures are modelled). Chapa Corporation had $420,000 in total invested assets, net sales of $742,000, income from operations amounting to $16,800, and a desired minimum rate of return of 8%.The rate of return on investment for Chapa is: Having a hard time calculating rate of return, please help. (Do not round intermediate calculations.) E. The largest corporations have an average tax rate of 39 percent. The firm paid out $43,500 in cash dividends and has 55,000 shares of common stock outstanding. What is the net income for this firm? a. 1) 638,000 - 329,000 - 74,000 = 235,000 The company paid out $125,000 in cash dividends and has 75,000 shares of common stock outstanding. Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. "Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. What is the net income for this firm? Requirement 1: What is the earnings per share figure? The common stock outstanding is 75,000 shares. Nataro, Inc., has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. Students also viewed these Business questions Choose any product consumer or tradeindustrial and describe the factors in each Sidewinder, Inc., has sales of $638,000, costs of $329,000, depreciation expense of $74,000, interest expense of $39,000, and a tax rate of 21 percent. (5 pts) (b) If the firm paid out $125,000 in cash dividends, what is the addition to retained earnings? (Do not round intermediate calculations and round . What is the earnings per share, or EPS, figure? Expert Answer Net Income = [ Sales - Cost - Dep ] * ( 1 - Tax … View the full answer Previous question Next question Draiman, Inc., has sales of $600,000, costs of $258,000, depreciation expense of $63,500, interest expense of $30,500, and a tax rate of 40 percent. If the sales tax rate is 6%, how much does NYFG owe for sales tax? (Sales figure is modelled). The firm has 26,600 shares of common stock outstanding. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000,. Fermes Ignazio Notaro & Fils Inc has 2 total employees across all of its locations and generates $538,464 in sales (USD). Leave a Reply Cancel reply. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. Categories Uncategorized. Sales are expected to grow at 15 sales 845000 cogs. (a) What is the net income for this firm? Addition to retained earnings. C. A firm's marginal tax rate will generally be lower than its average tax rate once the firm's income exceeds $50,000. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. A, Inc. has sales of $742,000 costs of $316,000, depreciation expense of $39,000, interest expense of $34,000 and tax rate of 21%. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. $153,870 = ($742,000-$316,000-$39,000-$34,000)=$353,000- ($353,000*0.21)-$125,000=$153,870 Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. T.C. Answer of Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21. Notaro Contracting, Inc. has 1 total employees across all of its locations and generates $258,440 in sales (USD). What is the net income for this firm Advertisement jacquicmoreland5470 is waiting for your help. What are the earnings per share figure? What is the addition to retained earnings? What is the net income for this firm? what is the net income for. This problem has been solved! Notaro Inc has 5 total employees across all of its locations and generates $71,745 in sales (USD). If the sales tax rate is 6%, how . Get the latest business insights from Dun & Bradstreet. Net income Nataro incorporated has sales of $742,000, costs of $316,000, depreciation expense of $34,000 and a tax rate of 21 percent. Carl's Co. has Sales of $289,600, depreciation of $15,900, costs of . (Do not round intermediate calculations.) what is the net income for the firm? Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. Transcribed image text: Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, a tax rate of 21 percent, and paid out $125,000 in cash dividends. B. abiolataiwo2015 Advertisement New questions in Business (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) What is the net income for this firm? Griffins Goat Farm, Inc., has sales of $664,000, costs of $326,000, depreciation expense of $70,000, interest expense of $45,000, a tax rate of 22 percent, and paid out $46,000 in cash dividends. Company Description: Notaro Inc is located in Oviedo, FL, United States and is part of the Other Support Services Industry. Finance questions and answers. Pages 9 Ratings 95% (228) 216 out of 228 people found this document helpful; The common stock outstanding is 75,000 shares. 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