Q1: Second quarter of the 10-Q will generally give income statement numbers for which period(s)?
Q2: A company buys a machine for $100,000 and the machine has a useful life of five years and the residual value of the machine at the end of the five years is $40,000. What would be the annual depreciation expense if the company uses straight line depreciation method?
Q3: A company’s operating income or EBIT is $10,000, depreciation and amortization which was included in selling, general and administrative expenses are $2,000 and interest expense is $1,000. The tax rate is 35%. What would be the EBITDA of the company?
Q4: If you add $50 of depreciation expense in the income statement and the tax rate is 30% and interest expense is $20, how much does operating income or EBIT change by?
Q5: Which accounting assumption details that the company will continue to exist long enough or for an indefinite period to meet its objectives and commitments and will not liquidate for the foreseeable future?
Q6: A public company files a 10-K annually and a 10-Q quarterly. How many total numbers of 10-K and 10-Q’s does a company file in a year?
Q7: Management Discussion & Analysis section will not generally talk about
Q8: Company A has a net income of $12,000 and has a tax rate of 40%. Its interest expense is $4,000 and interest income is $2,000. The company has depreciation and amortization which is included in COGS and SG&A of $3,000. Please calculate EBITDA of Company A.
Q9: A company issued shares in the market at $12.00 and recorded $0.10 par value and $11.90 as additional paid in capital on December 31, 2015 in its balance sheet. On December 31, 2016, the market value of the shares went up to $15.00. How will the par value and additional paid in capital change?
Q10. If you add $50 of depreciation expense with a 20% tax rate in the income statement, how does it affect the income statement?
Q11. If you add $20 of depreciation expense with a 20% tax rate in the income statement, how does it affect the cash flow statement?
Q12. If you add $200 of depreciation expense with a 10% tax rate in the income statement, how does it affect the balance sheet?
Q13. If a company has $100 of retained earnings last year and had net income of $40 in the current year and paid $20 of dividend this year, its retained earnings will become
Q14. If a company has $100 of gross PP&E last year and it sold $20 of assets this year and had capital expenditures of $50, its PP&E for next year will become
Q15. If you get a loan of $1,000 from a bank and have to pay principal of $100 each year besides interest to the bank, it is an example of a
Q16. If the company takes on additional debt of $1,000 it changes the
Q17. A public company in the U.S. will most likely give what projected information to the public
Q18: What are the detailed disclosures called that accompany the financial statements and provide additional information to the items on the financial statements?
Q19. A technology start-up company would have most likely which cash flow negative?
Q20. Where in the 10K can I find the complete income statement for Apple starting from Revenues, COGS, Gross Profit, SG&A, EBIT, Interest Expense and Net Income for the next 2 years?
Correction to Error 1
Correction to Error 2
Correction to Error 3
Numerical Questions Given in Excel Sheet Please put Answer here in word Document (just cut and paste from Excel and paste it here).
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more