SuperTutor

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    Harvard university
    Feb-1997 - Aug-2003

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    Strayer University
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Category > Accounting Posted 20 Jun 2017 My Price 4.00

EURO and AUSSIE.

The Following information is for two companies EURO and
AUSSIE.
Company EURO Company AUSSIE Sales $320,000 $400,000 Cost of Goods Sold $96,000 $144,000 Marketing Expenses $48,000 $64,000 Administration Expenses $32,000 $48,000 Interest $48,000 $72,000 Both EURO and AUSSIE pay tax at a rate of 30% of the profits before tax a) Calculate the Profit After Tax for EURO and AUSSIE
b) Calculate the Times Interest Coverage for EURO and
AUSSIE

Attachments:

Answers

SuperTutor
(15)
Status NEW Posted 20 Jun 2017 01:06 AM My Price 4.00

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Attachments

file 1497920975-Solutions file.docx preview (56 words )
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