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1. For the fiscal year of 2017, Excel Sports Inc. paid out $51,000 as common dividends. Meanwhile, the retained earnings from the Balance Sheets was
1. For the fiscal year of 2017, Excel Sports Inc. paid out $51,000 as common dividends. Meanwhile, the retained earnings from the Balance Sheets was $277,000 in 2017 and $185,000 in 2016 . How much was the net income in 2017 ? 2. Delta Ltd. recently reported an EBITDA of $9 million and net income of $2.5 million. It had $2.0 million of interest expense, and its corporate tax rate was 21%. How much was its charge for depreciation and amortization? 3. Ford Supplies Co. recently reported $3 million common stocks ( par =$2) in its 2019 Balance Sheet. This item was $5 million ( par =$2 ) in its 2018 Balance Sheet. How many shares did the firm repurchase during 2019
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