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g 49 For the most recent year, Camargo, Inc., had sales of $566,000, cost of goods sold of $248,960, depreciation expense of $64,400, and additions
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49 For the most recent year, Camargo, Inc., had sales of $566,000, cost of goods sold of $248,960, depreciation expense of $64,400, and additions to retained earnings of $76,800. The firm currently has 24,000 shares of common stock outstanding, and the previous year's dividends per share were $1.50. The income tax rate is 23 percent. What was the EBIT? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Print 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.) EBIT 49 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 Print 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.) EBIT 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 timesStep by Step Solution
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