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1) A firm's year-end retained earnings balances are $320,000 and $400,000, for 2018 and 2019 , tespectively. The firm reported net profits after taxes of

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1) A firm's year-end retained earnings balances are $320,000 and $400,000, for 2018 and 2019 , tespectively. The firm reported net profits after taxes of $100,000 in 2019 . The firm's dividend payment for 2019 is. A) 50 B) $20,000 C) $80,000 D) $100,000 Answer: B 2. A firm had the following accounts and financial data for 2022 The firm EBIT (earning before interest and tax) for 2022 is: A) $256.80 B) $413.80 C) $920.00 D) $660.00 Answer:0 A firm had the following accounts and financial data for 2022 3- the Current ratio is (rounded): A) 2.19 B) 3.26 C) 0.98 D) 1.37 Answer: 8 4- The interest coverage ratio (EBIT) is: A) 5.68 B) 15.32 C) 9.18 D) 8.51 Answer: C

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