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NEW QUESTION: 1
An entity has a 50% gross margin, general and administrative expenses of US $50, interest expense of US $20, and profit of US $10 for the year just ended. If the corporate tax rate is
50%, the level of sales for the year just ended was:
A. US $90
B. US $180
C. US $150
D. US $135
Answer: B
Explanation:
Profit equals sales minus cost of sales, GSA expenses, interest, and tax. Given a 50% tax rate, profit before tax must have been US $20 [$10 profit -1_0 - 5 tax rate)]. Accordingly, profit before interest and tax must have been US $40$20 profit before tax + $20 interest), and the gross margin sales - cost of sales) must have been US $90$40 profit before interest and tax + $50 G&A expenses). If the gross margin is 50% of sales, sales equals US $180$90 gross margin - .5).
NEW QUESTION: 2
A. Option C
B. Option B
C. Option A
D. Option D
Answer: A
NEW QUESTION: 3
What can you use to create a dynamic spoke-to-spoke tunnel in Cisco IWAN?
A. GETVPN
B. L2TP
C. DMVPN
D. FlexVPN
Answer: C