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ven the results of the previous income statement calculations, complete the following statements: In Year 2, if Cold Goose has 5,000 shares of preferred stock

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ven the results of the previous income statement calculations, complete the following statements: In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change from in Year 1 to in Year 2 Cold Goose's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2. In Year I to It is to say that Cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $971,800 and $1,219,075, respectively. This is because of the item reported in the income statement involve payments and receipts of cash. Year 1 Net sales Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses Operating Income (or EBIT) Less: Interest expense Pre-tax income (or EB) Less: Taxes (40%) Earnings after taxes Less: Preferred stock dividends Earnings available to common shareholders Less: Common stock dividends Contribution to retained earnings $10,000,000 6,500,000 400,000 $3,100,000 310,000 2,790,000 1,116,000 $1,674,000 200,000 1,474,000 502,200 $971,800 Year 2 (Forecasted) $12,500,000 8,125,000 400,000 $3.975,000 596,350 3,378,750 1,351,500 $2,027,250 200,000 1,827,250 129,075 $1,219,075 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm's comings per share (EPS) is expected to change from in Year 1 to in Year 2 In Year 1 to Cold Goose's earnings before Interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2 to say that cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $971,800 and $1,219,075, respectively. This is because of the item reported in the income statement involve payments and receipts of cash. FO 000 OOO FA F2 & ni

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