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Q1: Billys Exterminators, Inc., has sales of $655,000, costs of $304,000, depreciation expense of $56,000, interest expense of $38,000, a tax rate of 35 percent,
Q1: Billys Exterminators, Inc., has sales of $655,000, costs of $304,000, depreciation expense of $56,000, interest expense of $38,000, a tax rate of 35 percent, and paid out $73,000 in cash dividends. The firm has 120,000 shares of common stock outstanding.
a)What is the net income for this firm?
b)What is the addition to retained earnings?
c)What are the earnings per share?
d)What are the dividends per share?
e)What is the company's operating cash flow?
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