Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest expense of...

Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest expense of $38,000 and tax rate of 35%. What is the net income of the firm? Suppose the firm paid out $95,000 in cash dividends. What is the addition to retained earnings? Suppose the firm had 90,000 shares of common stock outstanding. What is the earnings per share? What is the dividends per share figure?

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jeff jeffy answered 1 year ago

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