For the most recent year, Seether, Inc., had sales of $445,000, cost of goods sold of $218,600, depreciation expense of $58,300, and additions to retained earnings of $50,500. The firm currently has 30,000 shares of common stock outstanding, and the previous years dividends per share were $1.25. The income tax rate is 34 percent.

Required:

What was the EBIT? (Do not round intermediate calculations.)

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(e.g., 32).)

EBT

$

What was the company's interest payment? (Do not round intermediate calculations. Round your answer to the nearest whole number(e.g., 32).)

Interest

$

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 (e.g., 32.16).)

Times interest earned

times