Question
25. Reliable Auto Party has 45,000 shares of common stock outstanding. The company also has the following amounts in revenue and expense accounts. Sales revenue
25. Reliable Auto Party has 45,000 shares of common stock outstanding. The company also has the following amounts in revenue and expense accounts. Sales revenue Selling General and admin expense Interest expense Depreciation expense Cost of goods sold Preferred stock dividends $ $ $ $ $ $ 2,375,000 162,500 95,000 110,000 285,000 52,500 A. B. C. D. E. What is the amount of operating profit? EBIT What is the level of net profit after taxes? (assume What is the level of operating cash flow (OCF)? 21% tax rate) What is the $ level of earnings available to common stockholders? What is the amount of earnings per share?
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