ABC Co has sales of $4,800,000 COGS is 40 , operating expenses (excluding depreciation) are 35 of sales, interest expense is 1 of sales, depreciation expense is $30,000 Tax rate 40 Construct their income statement and answer the below What is their gross profit and operating profit margin If dividend payout ratio is 40 , what is the $ amount of retained earnings for ABC Co If they have 100,000 shares of common stock outstanding, what is their dividend per share DPS Using the same income statement Construct a proforma income statement for 2021 using the percent of sales method Growth 10 Depreciation remains at $30,000 What is the 2021 expected net profit

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ABC Co  has sales of $4,800,000  COGS is 40 , operating expenses (excluding depreciation) are 35  of sales, interest expense is 1  of sales, depreciation expense is $30,000  Tax rate 40   Construct their income statement and answer the below  What is their gross profit and operating profit margin  If dividend payout ratio is 40 , what is the $ amount of retained earnings for ABC Co   If they have 100,000 shares of common stock outstanding, what is their dividend per share DPS  Using the same income statement  Construct a proforma income statement for 2021 using the percent of sales method  Growth 10   Depreciation remains at $30,000  What is the 2021 expected net profit

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ABC Co. has sales of $4,800,000. COGS is 40%, operating expenses (excluding depreciation) are 35% of sales,

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Cornerstones of Managerial Accounting

ABC Co. has sales of $4,800,000. COGS is 40%, operating expenses (excluding depreciation) are 35% of sales,

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Cornerstones of Managerial Accounting

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