1) ACME Company recently reported an EBITDA of 18 million and net income of 9 million. It had 2.2 million of interest expense and its corporate tax rate was 25%. What was its charge for depreciation and amortization?

4.2 million

3.8 million

3.2 million

3.5 million

2.7 million

2) ACME Company reported $150 million of net income for the current fiscal year and $700 million in retained earnings on the statement of stockholders equity. Last year, retained earnings on the statement of stockholders equity was $600 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid.

48 million

50 million

58 million

45 million

55 million

3) ACME Companys book value is $80 million, its stock price is $45 per share, and its market value added is $125 million. How many common shares are currently outstanding?

4.92 million

5.02 million

4.24 million

4.56 million

3.78 million