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Form ) 2. According to the information of ABC Firm in year 2024 given below: Total Debt Interest Rate Retention Ratio Taxable Income Shareholders'
Form ) 2. According to the information of ABC Firm in year 2024 given below: Total Debt Interest Rate Retention Ratio Taxable Income Shareholders' Tax Rate Total Shares : $250.000 : 12% : 60% : $320.000 : 10% (fixed) : 1.000 shares Taxable Income (S) Tax Rate 0-100.000 10% 100.001 150.000 15% 150.001-250.000 20% 250.001-450.000 25% a) Compute the "EBIT", "Net Income", "Cash Dividend Payment (per share)", "Average Tax Rate", "Double Taxation", "Tax Refund (taxable income was -$215.000 in year 2019)". (30p) b) If the annual interest rate is 18% and the Firm wants to invest its net income in year 2024, compute the value of the net income in year 2027 according to bi-monthly system. (20p) NOTE
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