Q1 (2 marks)

Altamimi Company’s net income for the year 2000, is $3,700,214. The company had an EBITDA of $ 10,125,300, and its depreciation and amortization expense was equal to $2,543,790. The company’s average tax rate is 35 percent.

a. What is the amount of interest expenses for the firm? (Show the details of your calculations).

b. Prepare a common sized Income Statement if sales equal $12,000,000.

Q2. (2 Marks)

The following are accounts balance (in thousands) for Malak Company. Prepare a balance sheet, and Income statement using intermediate steps t=35% for the year ended December 31, 2018.

((in the attachment))

Q3. Why secondary markets are so important to raise capital? (1 mark)

Essay Mill

Share
Published by
Essay Mill

Recent Posts

Childbirth

For this short paper activity, you will learn about the three delays model, which explains…

1 month ago

Literature

 This is a short essay that compares a common theme or motif in two works…

1 month ago

Hospital Adult Medical Surgical Collaboration Area

Topic : Hospital adult medical surgical collaboration area a. Current Menu Analysis (5 points/5%) Analyze…

1 month ago

Predictive and Qualitative Analysis Report

As a sales manager, you will use statistical methods to support actionable business decisions for Pastas R Us,…

1 month ago

Business Intelligence

Read the business intelligence articles: Getting to Know the World of Business Intelligence Business intelligence…

1 month ago

Alcohol Abuse

The behaviors of a population can put it at risk for specific health conditions. Studies…

1 month ago