# Depreciation and amortization expense

Kindly see the attachment too Q1 (1.5 marks) Ahlam Company’s net income for the year 2000 is \$3700214. The company had an EBITDA of \$ 10125300 and its depreciation and amortization expense was equal to \$2543790. The companys average tax rate is 35 percent. Q2. (1 Mark) The following are accounts balance (in thousands) for Malak Company. Calculate Net Income after-tax (show intermediate steps) t=35% for the year ended December 31 2020. Net property and equipment \$ 2000 Accounts receivable \$3000 Notes payable \$37000 Revenues \$ 983000 Supply expenses \$ 255000 Depreciation expenses \$ 35000 Labor expense \$300000 Interest Expenses \$11000 Stockholders’ Equity \$61500 Cash & cash equivalents \$97000 Long-term debt \$3500 Q3. Calculate the following ratios from the Balance Sheet and the Income Statement given below: (1.5 Mark) Balance Sheet: Cash 30000 Acct/Rec 72500 Inventories 50000 Current assets 152500 Net fixed assets 240000 Total assets 392500 Accts/Pay 44500 Accrued expenses 31000 Short-term N/P 9500 Current liabilities 85000 Long-term debt 110000 Owners equity 197500 Total liabilities and owners equity 392500 Income Statement: Net sales 450000 COGS 220000 Gross profit 230000 Operating expenses 128000 Net operating income 102000 Interest expense 18500 EBT 83500 Income taxes 33000 Net income 50500 Q4. Using the values below answer the questions that follow: (1mark) Amount of annuity: \$500 Interest rate: 9% N=10 years Requirements: doesnt matter What is the amount of interest expenses for the firm? (Show the details of your calculations). Prepare a common sized Income Statement if net sales equal \$12000000. Current Ratio Debt Ratio Fixed asset turnover Total asset turnover Operating profit margin Calculate the future value of the annuity assuming that it isAn ordinary annuity.An annuity due. An ordinary annuity. An annuity due. Compare your findings in parts a(1) and a(2). All else being identical which type of annuity—ordinary or annuity due—is preferable as an investment? Explain why. ‘

We confidently assure you of high-quality work. We engage several strategies to guarantee top-level assignments. The projects go through a thorough system of control before being submitted to the customers. We guarantee that the assignments delivered are 100 percent plagiarism-free.

We never share or resell customer’s work. Therefore, once it is checked using our plagiarism software, the assignment will be original. In terms of assignment completion, we adhere to the guidelines given by you and assign the work to the most suitable writer. We assign our writers based on various factors such as academic qualification, previous customer feedback, etc.

First and foremost, we provide high-quality work. However, in case you require extra-brilliance, here is what you can do. First, select a top writer who is proficient in a certain discipline. Second, you can seek our editing services.

Our team of editors revises the assignments, checking them to ensure they comply with academic writing standards. Additionally, editing may entail refining the language, adding more reference material, and making sure the formatting part is properly done. The editors may also enhance papers completed by yourself to meet your needs.

• We guarantee the following quality in our work to you:
• Properly cited scholarly sources from assigned or outside reading and research.
• No wordy, vague, or poorly constructed sentences
• Well written and structurally sound sentences, with no grammar, spelling, and/or punctuation errors.
• Assignments with proper syntax that demonstrates mastery of the subject and with clear organization flow.
• Strict adherence to requested citation styles (i.e., APA, MLA, HARVARD, CHICAGO/TURABIAN)
• Proper page numbering, heading, spacing, and margins.
• Parenthetical citations are in the proper format, are properly punctuated, and are used at appropriate points to document source material.

All of our professional essay writers are highly educated, experienced, and have studied at accredited institutions around the world. Some have even been published in academic journals within their field. With our team, you know you’re in the best hands with a company that truly cares about your academic achievements and success.

If this is all starting to sound too good to be true, here’s a little bit more about how it all works. First, fill out our custom essay order form or get a quote form, and let us know your deadline, instructions, and any other details that would help. Once that’s all set, we’ll get you connected with a top writer in your discipline or subject area. After your essay is written, it goes through quality assurance and a plagiarism checker before it gets delivered to you, on time, before your deadline. All you have to do is download it and you’re ready to go!

During the process, our exceptionally friendly and supportive customer service team is on hand and accessible 24/7 to answer any of your questions. Think of us as your support network here by your side to help you soar to success. Ready to get started with our affordable essay writing service and make your student life more stress-free? Get your free quote now.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

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.

### Money-back guarantee

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.

### Zero-plagiarism guarantee

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.

### Free-revision policy

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.