Question
For the most recent year, Seether, Inc., had sales of $454,000, cost of goods sold of $216,800, depreciation expense of $57,400, and additions to retained
For the most recent year, Seether, Inc., had sales of $454,000, cost of goods sold of $216,800, depreciation expense of $57,400, and additions to retained earnings of $49,600. The firm currently has 39,000 shares of common stock outstanding, and the previous years dividends per share were $1.45. The income tax rate is 32 percent.
What was the EBIT?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) EBIT $
How much in total dividends did the company pay?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Total dividends $
What was the company's net income?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Net income $
What was the company's earnings before tax (EBT)?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
EBT $
What was the company's interest payment?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Interest $
What was the company's times interest earned ratio?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Times interest earned times
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