Question
Need answered ASAP! 1) If Ramtastic Corporation issues 4,100,000 shares of common stock at a $7/share par value, and if the market price of that
Need answered ASAP!
1) If Ramtastic Corporation issues 4,100,000 shares of common stock at a $7/share par value, and if the market price of that stock at the time of issue is $9.50/share, then the value of Capital in Excess of Par in the equity section of the balance sheet is?
2) Tates EBT is $175,000. What is the average tax rate?
3)Given the following information for Sandstone, Inc.: net income = $375,000; beginning of year retained earnings = $125,000; common stock dividends paid for the year = $100,000. Compute the end of year retained earnings.
4)You are given: Total Asset Turnover = 2.0 and Return on Assets = 18%. Compute the Net Profit Margin:
5) Last year Biff Industries had an operating profit of $4,800,000, paid $290,000 in interest expense. The applicable income tax rate for the year was 33%. The company had 415,000 shares of common stock outstanding at the end of last year. What was Biffs EPS last year? The company has no preferred stock.
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