Question 26 (1 point) The Jim Demello Company has annual sales of $3,500,000 and no depreciation. The common-size statem

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Question 26 1 Point The Jim Demello Company Has Annual Sales Of 3 500 000 And No Depreciation The Common Size Statem 1 (80.39 KiB) Viewed 44 times

Question 26 (1 point) The Jim Demello Company has annual sales of $3,500,000 and no depreciation. The common-size statement shows that EBIT is 70.2 percent of sales. What is the cost of goods sold (COGS) in dollars? $920,000 $1,043,000 $1,750,000 $2,106,000 COGS cannot be determined given this information Question 27 (1 point) The Chris Korth Corporation has outstanding bonds with a face value of $1000. selling for $1132.28 today. These semi-annual bonds mature in 17 years and have an annual coupon rate of 4.5%. What is the after-tax cost of debt for Korth if the marginal tax rate is 36%? 4.5 percent 2.2 percent more than 4.5 percent 1.7 percent 3.5 percent