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2. Blue Devils Inc. has sales of $125,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation expense is $8,300
2. Blue Devils Inc. has sales of $125,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation expense is $8,300 and salaries and wage expense is $32,000. Interest paid of $3,600. Dividends paid equal $4,000. The firm has 3,200 shares of common stock outstanding. The tax rate is 35 percent. (a) Compute the firm's earnings before interest and taxes. (b) Compute the firm's taxable income. (c) Compute the firm's taxes. (d) Compute the firm's net income. (e) Compute the firm's addition to retained earnings. (f) Compute the firm's EPS and DPS
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