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A firm has EBIT of $935,100.00. Assume that the firm will pay $219,210.00 in interest in the upcoming year. The firm has a corporate tax
A firm has EBIT of $935,100.00. Assume that the firm will pay $219,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 40.00%. The firm has 133,000.00 common shares outstanding.
If the firm pays a 20% dividend, what are the dividends per share?
If the firm pays a 20% dividend, how much is added to retained earnings? Round to 2 decimals
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