This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Given the information in Figure 12.1, what is the break-even EBIT-EPS for Crane Manufacturing Inc.? ... (Read 39 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 11, 2018
Given the information in Figure 12.1, what is the break-even EBIT-EPS for Crane Manufacturing Inc.?
 
  A) EBIT = 100,000 and EPS = 0.15
  B) EBIT = 250,000 and EPS = 0.35
  C) EBIT = 350,000 and EPS = 0.45
  D) EBIT = 400,000 and EPS = 0.65

Question 2

All of the following are commonly excluded by personal umbrella policies EXCEPT
 
  A) acts committed with the intent to cause bodily injury or property damage.
  B) professional liability.
  C) aircraft liability.
  D) libel, slander, and other types of personal injury.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jonathanballen97

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 11, 2018
Answer to Question 1

B
Explanation: B) (EBIT-0)(1-t)/n = (EBIT - I)(1-t)/n
EBIT(.7)/500,000 = (EBIT - 100,000)(.7)/300,000, EBIT = 250,000 and EPS = 0.35.

Answer to Question 2

Answer: D


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen
Effective listening skills demonstrate empathy to the patient and break down barriers to communicati Effective listening skills demonstrate empathy to the patient and break down barriers to communicati
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Organizing Drug Information by Therapeutic Classification Organizing Drug Information by Therapeutic Classification
Move joints in hands. Apply scissoring to metacarpals and figure-8s to fingers. Move joints in hands. Apply scissoring to metacarpals and figure-8s to fingers.
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library