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HW problem please show credit Note: Wherever applicable, you must show your work/inputs in order to get credit. 1. For 2016, earnings before taxes (EBT)
HW problem please show credit Note: Wherever applicable, you must show your work/inputs in order to get credit. 1. For 2016, earnings before taxes (EBT) for a company was $1,500,000. For that year following data are also available: depreciation=$48,000; debt repayment $15,000; preferred stock dividend = $30,000; dividend payout ratio = 40%; interest expense = $60,000; tax rate 35%. Compute the following: net income available to common stock holders, EPS, retained earnings, and EBIT. Company has 100,000 common shares outstanding
HW problem please show credit
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