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19 JUL JULLIETIL JIUUU ULUSU. [Question) Hilltop, Inc. 2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes
19 JUL JULLIETIL JIUUU ULUSU. [Question) Hilltop, Inc. 2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income Less: Taxes Net Income Dividends Additions to retained earnings $38,900 31,400 2.600 4,900 1.800 $3,100 1.150 $1,950 $390 $1,560 Cash Accounts rec Inventory Total Net fixed assets Total assets [Question]Hilltop, Inc. 2009 Balance Sheet $3,160 Accounts Payable 4,160 Long-term debt 6.480 Common stock $13.800 Retained earnings 29.400 $43,200 Total liabilities & equity $8,120 21,200 7,500 6.380 $43.200 Help Hilltop, Inc. is currently operating at 89% of capacity. The profit margin and the dividend payout ratio are projected to remain constant Sales are projected Increase by 10% next year. What is the projected addition to retained earnings for next year? Multiple Choice $1716 $1856 O $1692 O $1,804 O $1,527 ME DOLL
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