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In 2 0 2 0 , Natural Selection, a nationwide computer dating service, had $ 5 3 6 million of assets and $ 2 1
In Natural Selection, a nationwide computer dating service, had $ million of assets and $ million of liabilities. Earnings
before interest and taxes were $ million, interest expense was $ million, the tax rate was percent, principal repayment
requirements were $ million, and annual dividends were cents per share on million shares outstanding.
a Calculate the following for Natural Selection:
Note: Round your answers to decimal places.
Answer is complete and correct.
b What percentage decline in earnings before interest and taxes could Natural Selection have sustained before failing to cover:
Note: Round your answers to decimal place.
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