Delta Corporation had revenues of 12 million €, cash operating expenses of 8 million €, and depreciation and amortization of 1.5 million € during 2019. The firm purchased 700,000 € of equipment during the year while increasing its inventory by 500,000 € (with no corresponding increase in current liabilities). The marginal tax rate for Delta Corporation is 20 percent.

What is Delta Corporation's Net Operating Profit After Tax for 2019?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?