(Answered) Xyz co has revenue for this year of 66700 the overhead

Finance

XYZ Co. has revenue for this year of $66,700. The Overhead Costs are $21,250; the Labor Costs are 34,570; and Depreciation is $12,480. The corporate tax rate is 34%. What is the Net Income for XYZ for the year? What is the After-Tax Cash Flow (ATCF)?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92566594
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

What is the number of shares that must be issued to the new

What is the number of shares that must be issued to the new investor in order for the investor to earn his target return?

Rick bought a 30-year bond when it was issued by macroflex

Rick bought a 30-year bond when it was issued by Macroflex Corporation 15 years ago. The bond has a $1,000 face value and a coupon rate equal to 7 percent and the coupon is paid every six months. If the yield on similar- ...

If the interest rate is 7 percent what is the value of the

If the interest rate is 7 percent, what is the value of the following three investments? An investment which offers you $100 a year in perpetuity with the payment at the end of each year, A similar investment with the pa ...

If you pay 55 for a share of common stock that has a

If you pay $55 for a share of common stock that has a constant growth rate of 6% and it is expected to pay a dividend of $1.25 what would be your return (hint: solve for kc and be careful about the dividend - it has alre ...

Cowcow a builder of phone accessories has no debt and an

COWCOW, a builder of phone accessories has no debt and an equity cost of capital of 13%. Suppose that COWCOW decides to increase its leverage to maintain a market debt-to-value ratio of 0.4. Suppose its debt cost of capi ...

Genetic insights co purchases an asset for 10797 this asset

Genetic Insights Co. purchases an asset for $10,797. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49 ...

Is an institutional client different from an institutional

Is an institutional client different from an institutional investor? If so could you please please give an example of each just so I understand?

Is there a way to protect and secured the file with a

Is there a way to protect and secured the file with a password, checked compatibility, and removed inappropriate information on Powerpoint?

Question - you purchase a machine for 100000 such machine

Question - You purchase a machine for $100,000. Such machine has a 3-year MACRS classification. If the machine is sold at the end of the second year for $45,000, what are the after-tax proceeds from the sale, assuming yo ...

Tom decides to open a small italian wine store in an

Tom decides to open a small Italian wine store in an affluent South Florida neighborhood. He will be an absentee owner and has hired Vinnie as the store manager. He has agreed to pay Vinnie a fixed salary of $75,000 per ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert