0
5 million operating income net depreciation is 1 million interest expense of 1 million corporate tax rate is 40 percent what is the net income?
Wiki User
∙ 16y ago
the remainders of money after a companies revenue is deducted
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Is depreciation a non operating expense?
28.04.2012 depreciation is part of operating expenses Popoola
Is loan interest is operating expense or non operating expenses?
Non-Operating Expense
Does office depreciation expense go on income statement?
yes, under operating expenses
Why is interest expense treated as non operating expense?
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
Is the Depreciation a loss or an Expense?
An expense.
Is depreciation a non operating expense?
28.04.2012 depreciation is part of operating expenses Popoola
Is depreciation an operating expense?
Depreciation is an operating expense but does not involve any cash flow. like salaries,rent insurance etc it is included in the P/L accounts.It is considered as operating because machinery/equipments or any property diminishes its value day by day.
What is kind of operating expense is depreciation selling expense or general administrative expense?
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
Why debenture interest is expense but not within operating expense?
Issuance of debendutres is not an operating activity that's why interest on debenture is also a non operating expense
Is loan interest is operating expense or non operating expenses?
Non-Operating Expense
EBITDA is 7.5 million and net income is 1.8 million interest expense 2 million and corporate tax 40 what is the charge for depreciation and amortization?
D&A = 2.5 million
Does office depreciation expense go on income statement?
yes, under operating expenses
Unused fees on credit line should be operating expenses or interest expense?
Interest Expense
Is interest expense listed on the income statement as an operating expense?
yes
Why is interest expense treated as non operating expense?
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
When using the Indirect Method how is depreciation expense recorded on the Statement of Cash Flows?
Operating Activity
Is depreciation expense an asset or liability?
Depreciation expense is neither an asset or liability. It is an expense.
