Houston Pumps recently reported net income of $600,000, and an interest expense of $228,000. The company has total invested capital employed of $7.2 million, a tax rate of 40%, and an after-tax cost of capital of 10%. What is the company’s EVA? Your answer should be between 9200 and 37500, rounded to even dollars (although decimal places are okay), with no special characters.
Author: Anonymous
Innovative Designs recently reported $230,000 of sales, $140…
Innovative Designs recently reported $230,000 of sales, $140,500 of operating costs other than depreciation, and $9,200 of depreciation. The company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its tax rate was 35%. In order to sustain its operations, the firm spent $15,250 on new fixed assets (capital expenditures) and invested an additional $6,850 in net operating working capital. What was the firm’s free cash flow (FCF)? Your answer should be between 38000 and 42000, rounded to even dollars (although decimal places are okay), with no special characters.
Describe one difference between water molecules in liquid wa…
Describe one difference between water molecules in liquid water and water molecules in solid water (ice).
Magnesium chloride (MgCl2) is a salt that dissolves in water…
Magnesium chloride (MgCl2) is a salt that dissolves in water. Which of the following statements is true about Mg? Use the images provided to help you answer the question.
Name the type of chemical reaction that you see below:
Name the type of chemical reaction that you see below:
The text describes the New Testament as consisting primarily…
The text describes the New Testament as consisting primarily of four types of literature. Which of the following does it not list?
Using your textbook, match each biblical book (right) to the…
Using your textbook, match each biblical book (right) to the division in which it belongs (left):(Note: Division types include “Hebrew Bible,” “Christian Old Testament,” and “New Testament”)
According to your textbook, the _____________ covenant requi…
According to your textbook, the _____________ covenant requires human obedience to the Law as its central feature.
According to Genesis, where did God “confuse” the language o…
According to Genesis, where did God “confuse” the language of the prideful people?
The textbook describes exodus as:
The textbook describes exodus as: