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4. Peggy Grey's Cookies has net income of $300. The firm pays out 40 percent of the net income to its shareholders as dividends. During
4.
Peggy Grey's Cookies has net income of $300. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $75 worth of common stock. What is the cash flow to stockholders? |
$195.00
$120.00
$90.00
$180.00
$45.00
5.
A firm has sales of $4,840, costs of $2,640, interest paid of $179, and depreciation of $493. The tax rate is 34 percent. What is the value of the cash coverage ratio? |
16.44
9.54
8.39
12.29
5.63
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