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(Evaluating profitabilly Last year, Stevens Inc. had sale of $402,000, wth a cost of goods sold of $112.000. The firm's operating expenses were $129.000, and

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(Evaluating profitabilly Last year, Stevens Inc. had sale of $402,000, wth a cost of goods sold of $112.000. The firm's operating expenses were $129.000, and is increase in retained coming was $2.000 There are currenty 22,400.com stock shares outstanding and the firm pays a $156 dividend per share a. Assuming the firm's earings are taxed at 21 percent, construct the firm's income statement b. Compute the lines operating profit margin o. What was the time interest earned? 2. Assuming the firm's earnings are tied at 21 percent, construct the Tim's income statement Round is the newest coltar. NOTE: You may input sense accounts as negative values Stevensino, Income Stement Gross profile Operating profits Earnings before takes Net income

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