QUESTION 13 5 points Sare Answer Company Ahad EBIT of $372,564,718 in 2019. In addition,...
80.2K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 13 5 points Sare Answer Company Ahad EBIT of $372,564,718 in 2019. In addition, the company had interest expenses of 5187,914 428 and a corporate tax rate of 41.89 the company had no interest expenses, what would its 2019 net income have been? NOTE Submit your answers with 4 decimals after the det. Do not include the "5sign QUESTION 14 5 points Save Ant Company Abad EBIT of $359,635,613 in 2019. In addition, the company had interest expenses of $164,813,394 and a corporate tax rate of 38.02% What was the amount of Company's interest tax shield in 2019? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "s" sign QUESTION 15 5 points Save Answer Suppose the corporate tax rate for Company Ais 35%. Consider a firm that earns $913 before interest and taxes each year with no risk. The firm's capital expenditures equal its depreciation expenses each year, and it will have no changes to its networking capital. The risk-free interest rate is 5.67% Suppose the firm has no debt and pays out its net income as a dividend each year. What is the value of the firm's equity? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "s" sign
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!