Question
A company had sales of $375, cost of goods sold of $195, depreciation expense of $25, interest expense of $16, and a tax rate of
A company had sales of $375, cost of goods sold of $195, depreciation expense of $25, interest expense of $16, and a tax rate of 35%. The company has 20 shares of stock outstanding and paid $35 in dividends.
A- Find the companys net income and change in retained earnings.
B- Find the companys earnings per share and dividends per share.
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
