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 Your email address will not be published .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