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Sales = $630,000, cost of goods sold = $480,000, depreciation = $43,000, interest paid = $62,000,...

Sales = $630,000, cost of goods sold = $480,000, depreciation = $43,000, interest paid = $62,000, tax rate = 35%. 1) What is net income? 2) If the company paid out $15,000 in dividends, what is the addition to retained earnings? 3) If the company has 25,000 shares of common stock outstanding, what are the earnings per share? 4) What is the dividend per share?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago
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