Questions a,b,c, and d are needed

Save Homework: Chapter 4 Homework Score: 0 of 1 1 pt 6 of 10 (0 complete HW Score: 0%, 0 of 10 p P4-12 (similar to) Question Help (Profitability and capital structure analysis) In the year just ended, Callaway Lighting had sales of $5,290,000 and incurred cost of goods sold equal to $4,450,000 The firm's operating expenses were $126,000 and its increase in retained earnings was $44,000 for the year. There are currently 98,000 common stock shares outstanding and the firm pays a $3.687 dividend per share. The firm has $1.160,000 in interest-bearing debt on which it pays 7.8 percent interest. a. Assuming the firm's earnings are taxed at 35 percent, construct the firm's income statement. b. Calculate the firm's operating profit margin and net profit margin Compute the times interest earned ratio. What does this ratio tell you about Callaway's ability to pay its interest expenso? d. What is the firm's return on equity? Complete the income statement below (Round to the nearest dotar) Income Statement $ S Ravenues Cost of Goods Sold Gross Profit Operating Expenses Net Operating Income Interest Expense Earnings before Taxes Income Taxes $ Net Income S Enter any number in the edit fields and then click Check Answer 5 parts remaining Clear All Check