7) Nass Corporation BSC produced revenues of $745,000 in 2018. It had expenses (excluding depreciation)...
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7) Nass Corporation BSC produced revenues of $745,000 in 2018. It had expenses (excluding depreciation) of $312,640, depreciation of $65,000, and interest expense of $41,823. It has an average tax rate of 34%. What was the firm's net income after taxes in 2018? 8) Bahrain Family Leisure announced that its net income for the year ended June 30, 2019, was $1,353,412. The company had EBITDA of S 4,967,855, and its depreciation and amortization expense was equal to $1,112,685. The company's tax rate is 34%. What was its interest expense? 9) Seef Properties reported the following information at the end of the year. Total current assets are worth $237,513 at book value and $219,344 at market value. In addition, plant and equipment have a market value of S343,222, and a book value of $362,145. The company's total current liabilities are valued at market for $134,889 and have a book value of $129,175. Both the book value and the market value of its long-term debt is $144,000. If the company's total assets are equal to a market value of $562,566 and a book value of $599,658, what is the difference in the book value and market value of its stockholders' equity
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