To answer the next 2 questions, consider the following information for Bethany Corporation: Revenues = $550 million
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Question:
To answer the next 2 questions, consider the following information for Bethany Corporation:
Revenues = $550 million
Cost excluding depreciation = $70 million
Depreciation = $30 million
Interest Expense = $15 million
Tax rate=21%
Preferred Dividends= $2 million
Common Dividends = $1 million.
There is an increase in receivables of $3 million and payables of $5 million over the period
- Bethanys Operating Margin is ----- %, and its Profit Margin is -------%.
- Bethanys change to cash-flow from operations for the year is --------.
Related Book For
Auditing The Art and Science of Assurance Engagements
ISBN: 978-0133405507
13th Canadian edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
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