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4-12. Last year Momcorp had an operating profit of $600,000 and paid $50,000 in interest expenses. The applicable income tax rate for the year was

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4-12. Last year Momcorp had an operating profit of $600,000 and paid $50,000 in interest expenses. The applicable income tax rate for the year was 25 percent. The company had 100,000 shares of common stock outstanding at the end of last year. a. What was the amount of Momcorp's earnings per share last year? b. If the company paid $1.00 per share to its common stockholders, what was the addition to retained earnings last year? Use the comparative figures of Omni Consumer Products (OCP) to answer problems 413 through 417 that follow. For more, see 9e Spreadsheet Ter for Microsoft Exc Omni Consumer Products (OCP) r 4 Review Balance Sheet 4-13. Compute the following totals for the end of 2020 and 2021. a. Current Assets b. Total Assets c. Current Liabilities d. Total Liabilities e. Total Stockholders' Equity

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