1. A firm has EBIT of $941,700.00. Assume that the firm will pay $290,600.00 in interest in the upcoming year. The firm has a corporate tax rate of 38.00%. The firm has 103,000.00 common shares outstanding.Round to: 2 decimal places.
What is the net income for the firm?
2. It is important to understand the annual calendar of healthcare finance. Truly, everything that happens in this field is an annual cycle. Describe how healthcare managers begin to operate within this annual cycle, living within the finance committee and board of directors’ calendar.
3. What is a corporate banking product that aids firms in collecting funds on checks received.