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KI's dividend payout ratio for 2022 is _____. KI's internal growth rate for 2022 is _____, and KI's sustainable growth rate for 2022 is _____.
KI's dividend payout ratio for 2022 is _____.
KI's internal growth rate for 2022 is _____, and KI's sustainable growth rate for 2022 is _____.
KI's operating cycle for 2022 is _____ days.
KI's cash cycle for 2022 is _____ days.
Information
Kramerica Industries (KI) 2022 Income Statement | |
Sales | $627,800 |
Cost of goods sold | 521,400 |
Depreciation | 11,200 |
Earnings before interest and taxes | $95,200 |
Interest expense | 10,100 |
Earnings before taxes | $85,100 |
Taxes | 28,900 |
Net income | ? |
Dividends | ? |
Additions to retained earnings | ? |
Kramerica Industries (KI) | |||||
2021 and 2022 Balance Sheets | |||||
2021 | 2022 | 2021 | 2022 | ||
Cash | $17,000 | $24,700 | Accounts payable | $128,600 | $134,700 |
Accounts receivable | 54,100 | 56,700 | Long-term debt | 147,500 | 141,000 |
Inventory | 189,400 | 186,700 | Common stock | 125,000 | 140,000 |
Net fixed assets | 261,300 | 279,400 | Retained earnings | 120,700 | 131,800 |
Total assets | $521,800 | $547,500 | Total liabilities and equity | $521,800 | $547,500 |
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Net Income Net Income Earnings before taxes Taxes Net Income 85100 28900 Net Income 56200 Dividends To find Additions to retained earnings we need to ...Get Instant Access to Expert-Tailored Solutions
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