Building an Income Statement [LO1] Billy?s Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 35 percent. What is the net income for this firm?

3. Dividends and Retained Earnings [LO1] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings?

4. Per-Share Earnings and Dividends [LO1] Suppose the firm in Problem 3 had 90,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?

Highlighted in green is the only question that I need answered but you need the rest of the questions to get to #4 answer.

Calculating Internal Growth [LO3] The most recent financial statements for Schenkel Co. are shown here:

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate?

Chapter 4 Problems 5, 6, 20, 22 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-In" be installed in Excel. To install these, click on the Office button then "Excel Options," "Add-Ins" and select "Go." Check "Analyis ToolPak" and "Solver Add-In," then click "OK." ets may require that nstalled in Excel. Chapter 4 Question 6 Input area: Sales Costs Taxable income Taxes Net income $ Current assets Fixed assets Total - $ - Payout ratio Tax rate Output area: Return on assets Retention ratio Internal growth rate #DIV/0! 100% #DIV/0! $ Debt Equity - Total $ - Chapter 2 Problems 2, 3, 4, 6, 7, 14, 15, 19 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-In" be installed in Excel. To install these, click on the Office button then "Excel Options," "Add-Ins" and select "Go." Check "Analyis ToolPak" and "Solver Add-In," then click "OK." ets may require that nstalled in Excel. Chapter 2 Question 4 Addition to retained earnings $ - Earnings per share #DIV/0! Dividends per share #DIV/0! Building an Income Statement [LO1] Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 35 percent. What is the net income for this firm? 3. Dividends and Retained Earnings [LO1] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings? 4. Per-Share Earnings and Dividends [LO1] Suppose the firm in Problem 3 had 90,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure? Highlighted in green is the only question that I need answered but you need the rest of the questions to get to #4 answer. Calculating Internal Growth [LO3] The most recent financial statements for Schenkel Co. are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate