1) Parrino Corporation has proclaimed that its net income for year ended June 30, 2008, is $1,824,214. Company had EBITDA of $ 5,174,366, and its depreciation and amortization expense was equal to= $1,241,790. Company's tax rate is= 34%. Compute the amount of interest expense for firm?
a. $2,763,961
b. $939,747
c. $1,187,720
d. $1,168,615
2) Return distribution for asset is as listed in table below. What are the missing values if expected return is 10%?
|
Return
|
Probability
|
|
0.1
|
0.25
|
|
x
|
0.5
|
|
x
|
0.25
|
a. 0.20
b. 0.15
c. 0.10
d. None of the above