Assignment Questions 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: 7 days This assignment is an individual assignment. The Assignment must be submitted only in WORD format via allocated folder on Blackboard. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented. This also includes filling your information on the cover page. Students must mention question number clearly in their answer. Late submitted assignments will NOT be entertained. Avoid plagiarism the work should be in your own words copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12 double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). 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 000000. 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 annuityâ€”ordinary or annuity dueâ€”is preferable as an investment? Explain why.
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