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Please indicate the picture below Answer the following: (round off to two decimal places) Sales Costs Taxable Income Taxes Net Income Dividend Addition to Retained
Please indicate the picture below
Answer the following: (round off to two decimal places)
- Sales
- Costs
- Taxable Income
- Taxes
- Net Income
- Dividend
- Addition to Retained Earnings
Consider the following income statement for Jordan Corporation. Jordan Corporation Income Statement Sales Costs Taxable income... Taxes (34%).. Net income... Dividends Addition to retained earnings P 38,000 18,400 P 19,600 6,664 P 12,936 P 5,200 7,736 A 20% growth rate in sales is projected. The costs are assumed to vary with sales and the dividend payout ratio is constant.
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
