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"Attached is a EXCEL SPREADSHEET that answers the...




"Attached is a EXCEL SPREADSHEET that answers the below question will you review the follow calculation in order to solve this problem: Income statement: The Centennial Chemical Corp. announced that for the period ending March 31, 2008, it had earned income after taxes worth $5,330,275 on revenues of $33,144,680. Change the Revenues from 13,144,680 to 33,144,680, otherwise you get a negative depreciation. The calculations can be understood by examining the formulas in the cells. The company?s costs (excluding depreciation and amortization) amounted to 61 percent of sales, and it had interest expenses of $392,168. What is the firm?s depreciation and amortization expense if its tax rate was 34 percent? "


Paper#4195 | Written in 18-Jul-2015

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