Question
(A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest
(A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Pharrell, LLC., has net sales of $1,549,200, costs of $741,600, depreciation expense of $140,400, and interest expense of $63,800. A flat tax rate of 21 percent is applied to the firm's taxable income. The firm paid out $126,700 in cash dividends.
What is the net income? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.)
What is the addition to retained earnings? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.)
What is the EBIT? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.)
What is the tax bill? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.)
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