Here are 2018 information for Farm Fresh Foods, Incorporated: Revenue 1,350,000 Variable cost 200,000 Rent 50,000 Owns $500,000 worth of equipment which depreciates 10%/year Has a loan of $1,000,000 for which it pays 5% Profits tax rate is 20% Dividend payout ratio is 50%. What is the company's EBITD?
a) $1,100,000
b) $1,050,000
c) $1,000,000
d) $800,000
e) $400,000
Ans: b) $1,050,000
Business
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Which of the following is NOT a cloud on title?
a. a valid first mortgage b. a recorded contract for deed under which the buyer's rights have been judicially terminated c. a recorded option contract whose option period has expired d. a recorded mortgage that has been paid in full but a satisfied has never been recorded
Business
Use _____________ and other devices to ensure that paragraphs are coherent
a. lists b. jargon c. key words d. editors
Business