Question
For the most recent year, Seether, Inc., had sales of $443,000, cost of goods sold of $218,800, depreciation expense of $58,500, and additions to retained
For the most recent year, Seether, Inc., had sales of $443,000, cost of goods sold of $218,800, depreciation expense of $58,500, and additions to retained earnings of $50,700. The firm currently has 28,000 shares of common stock outstanding, and the previous years dividends per share were $1.40. The income tax rate is 31 percent.What was the EBIT?
How much in total dividends did the company pay? (Do not round intermediate calculations.) |
Total dividends | $ |
What was the company's net income? (Do not round intermediate calculations.) |
Net income | $ |
What was the company's earnings before tax (EBT)? (Do not round intermediate calculations. Round your answer to the nearest whole number |
EBT | $ |
What was the company's interest payment? (Do not round intermediate calculations. Round your answer to the nearest whole number |
What was the company's times interest earned ratio? (Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places |
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