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The Information on the following page was obtained from the records of Breanna Inc: Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense

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The Information on the following page was obtained from the records of Breanna Inc: Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense Cash Net sales Equipment Selling, general, and administrative expenses Common stock (8,780 shares) Accounts payable Retained earnings. 1/1/19 Interest expense Merchandise inventory Long-term debt Dividends declared and paid during 2019 $ 10, 200 50,400 127,000 8,500 64,000 191, eee 123, eee 33,eee 94,eee 15, eee 3e, 6ee 5,100 38, see 37,eee 8,7ee Except as otherwise Indicated, assume that all balance sheet Items reflect account balances a statement Items reflect activities that occurred during the year ended December 31, 2019. The during the year Required: 3 Prepar Anri Staten of changes in stockholders' equity for the year c. What Interest rate is charged on long-term debt? Assume that the year end balance of long-term debt is representative of the average long term debt account balance throughout the year. d. What is the par value per share of common stock? e. What is the company's dividend policy (.e. what proportion of the company's earnings is used for didends)? * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A1 Reg AZ Req A3 Req B to E b. What is the company's average income tax rate? (Round your final answer to the nearest whole percentage.) c. What interest rate is charged on long-term debt? Assume that the year-end balance of long-term debt is representative of the average long-term debt account balance throughout the year. (Round your final answer to the nearest whole percentage.) d. What is the par value per Share of common stock? (Round your final answer to the nearest whole Dollars.) e. What is the company's dividend policy (e. what proportion of the company's earnings is used for dividends)? (Round your final answer to the nearest whole percentage.) Show less hvergelcome Fingers 40 10 x 10 18 15 Paupershane end 36 Reg 3

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