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2 . According to the information of ABC Finn in year 2 0 2 4 given below: Total Debt 5 2 5 0 . 0

2. According to the information of ABC Finn in year 2024 given below:
Total Debt
5250.000
Interest Rate
12% :60%
Retention Ratio
Taxable Income
:5320.000
Shareholders Tax Rate
10%(fixed)
Total Shares
:1.000 shares
Taxable Income (5)
Tax Rate
10%15%
100.001-150,000
150.001-250.000
20%
250.001-450.000
25%
a) Compute the "EBIT", "Net Income", "Cash Dividend Payment (per share)", "Average Tax Rate", "Double Taxation", "Tax Refund (taxable income was -$215.000 in year 2019)".(30p)
b) If the annual interest rate is 18% and the Firm wants to invest its net income in year 2024. compute the value of the net income in year 2027 according to bi-monthly system. (20p)

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