subject
Business, 28.01.2022 04:40 Chandler1Gaming

During 2018, Raines Umbrella Corp. had sales of $705,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectively. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.) Required:
What is the company's net income (loss) for 2018?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:00
When color is used on a topographical drawing, black is used to represent what?
Answers: 1
question
Business, 22.06.2019 01:20
As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly
Answers: 2
question
Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
Answers: 1
question
Business, 22.06.2019 09:50
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
You know the right answer?
During 2018, Raines Umbrella Corp. had sales of $705,000. Cost of goods sold, administrative and sel...
Questions
question
Mathematics, 31.01.2021 01:20
question
History, 31.01.2021 01:20
question
SAT, 31.01.2021 01:20
question
English, 31.01.2021 01:20
question
Health, 31.01.2021 01:20
Questions on the website: 13722362