Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ABC has sales of $776293.87, costs of $526079.70, depreciation expense of $31633.20, interest expense of $38875.69, and a tax rate of 35.34 percent. Further ABC's
ABC has sales of $776293.87, costs of $526079.70, depreciation expense of $31633.20, interest expense of $38875.69, and a tax rate of 35.34 percent. Further ABC's payout rate is 55.73 percent and ABC has 85125 shares of common stock outstanding. What are the earnings per share? (Do NOT include the $ sign. Round your final answer to 2 decimal places, e.g. 110.10) 1 points QUESTION 4 XYZ has current assets of $176303.37, net fixed assets of $370381.70, current liabilities of $96919.71, and long-term debt of $70446.47. What is the value of shareholders' equity account for this firm? (Do NOT include the $ sign. Round your final answer to 2 decimal places, e.g. 110.10)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started