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Cold Goose Metal Works Inc. Income Statement for Year Ending December 3 1 Year 1 Net sales Less: Operating costs, except depreciation and amortization Less:
Cold Goose Metal Works Inc.
Income Statement for Year Ending December
Year
Net sales
Less: Operating costs, except depreciation and amortization
Less: Depreciation and amortization expenses
Operating income or EBIT
Less: Interest expense
Pretax income or EBT
Less: Taxes
Earnings after taxes
Less: Preferred stock dividends
Earnings available to common shareholders
Less: Common stock dividends
Contribution to retained earnings
$
$
$
$
Year Forecasted
$
Given the results of the previous income statement calculations, complete the following statements:
In Year if Cold Goose has shares of preferred stock issued and outstanding, then each preferred share should expect to receive
in annual dividends.
If Cold Goose has shares of common stock issued and outstanding, then the firm's earnings per share EPS is expected to change from
in Year to
in Year
Cold Goose's earnings before interest, taxes, depreciation and amortization EBITDA value changed from
in Year to
in Year
It is
to say that Cold Goose's net inflows and outflows of cash at the end of Years and are equal to the company's annual
contribution to retained earnings, $ and $ respectively. This is because
of the items reported in the income
statement involve payments and receipts of cash.
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