## Altamimi Company’s net income for the year 2000, is \$3,700,214

Q1 (2 marks)

Altamimi Company’s net income for the year 2000, is \$3,700,214. The company had an EBITDA of \$ 10,125,300, and its depreciation and amortization expense was equal to \$2,543,790. The company’s average tax rate is 35 percent.

a. What is the amount of interest expenses for the firm? (Show the details of your calculations).

b. Prepare a common sized Income Statement if sales equal \$12,000,000.

Q2. (2 Marks)

The following are accounts balance (in thousands) for Malak Company. Prepare a balance sheet, and Income statement using intermediate steps t=35% for the year ended December 31, 2018.

((in the attachment))

Q3. Why secondary markets are so important to raise capital? (1 mark)

## Altamimi Company’s net income for the year 2000, is \$3,700,214

Q1 (2 marks)

Altamimi Company’s net income for the year 2000, is \$3,700,214. The company had an EBITDA of \$ 10,125,300, and its depreciation and amortization expense was equal to \$2,543,790. The company’s average tax rate is 35 percent.

a. What is the amount of interest expenses for the firm? (Show the details of your calculations).

b. Prepare a common sized Income Statement if sales equal \$12,000,000.

Q2. (2 Marks)

The following are accounts balance (in thousands) for Malak Company. Prepare a balance sheet, and Income statement using intermediate steps t=35% for the year ended December 31, 2018.

((in the attachment))

Q3. Why secondary markets are so important to raise capital? (1 mark)