What time is the fed going to announce the rate cut?
Answers: 2.15PM EST
More specifically, 2:15pm EST.
Do you deem anil ambani must own used the IPO money to buy shares within this open market crash?
just assume market falls 2500 points i.e 50% fall down in share prices and later govt comes in achievement and increases the share prices and brings them to say 35% common in this defence anil ambani earns 25% surrounded by just 7 daysAnswers: GOD FORBID THAT
Not Possible. The uses of funds are strictly govern by regulation including SEBI and the Board for Company affairs.
In fact funds raise through an escrow account cannot be touched contained by this interim period. The funds can single strictly be used for the purposes stated with within the Red Herring Prospectus available on www.sebi.gov.in
Besides the guy is the Richest man in India, he have his own.
On a serious note the Ambanis hold a more Philosophical approach to Business; The reason for their nouns.
Where in the NAME OF GOD do you feel that this is possible. Why would Anil Ambani do such a cheap thing. Again, i know it could be the money factor, but i dont assume he needs to do it.
Hey by the passageway, did you know that Reliance Power go around three times more money from the souk than they were certainly expecting.
But i must really admit that these IPO's be a major aim for such a bad crash within the market, i swear
How to do this nouns problem?
a company reported an EBITDA of $7.5 million and net income of $1.8 million. It have $2.0 million of interest expense and its corporate tax rate be 40%. what was the charge for depreciation and amortization?Answers: You should carry $2.5MM; juk had the right conception but didn't get the steps right.
Remember the Income Statement:
Sales
smaller amount COGS
= Gross Profit
less Operating expense
smaller quantity SG&A expense
= Operating Profit or EBIT
less Interest expense
= PreTax Income
smaller amount Taxes (40%)
= Net Income
As juk suggested, you work backwards to EBIT and the difference between EBIT and EBITDA must be the depreciation and amortization expense.
Here are the steps you need to know:
- Net income be $1.8 MM (MM is million)
-Since the tax rate is 40%, we divided Net income by 1 minus the import tax rate or 1 minus 40% or simply 60% to get the Pre-Tax amount or $3.0 MM (note 3.0 is 1.80 /.60)
- Since interest expense is 2.0MM, later EBIT must be $5.0 MM ($3.0MM plus 2.0MM)
- Since EBIT is $5.0MM and EBITDA is $7.5MM, then "D&A" is $2.5MM
By the channel the "D&A" are typically captured within the COGS and / or Operating expense line.
Good luck.
1M$
EBIDTA7.5
Interest2
EBDTA5.5
Dep1
Amor
EBT4.5
Tax2.7
Profit1.8
HOW?
Work backwards: If corporate levy is 40% on earnings beforehand tax EBT next EBT X o.4 = Profit (Income ) After Tax i.e EBT = PAT/0.4.
EBDTA is calculated by simply negating Interest from EBIDTA
The Difference between EBDTA and EBT is the amount of Depreciation and Amoirtisation.i. 1 M $