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VERY URGENT !!! 14526000 The following information are used to XYZ income statement: Interest expense 10000 Revenue (sales) Cost of goods sold 9079000 Common stock
VERY URGENT !!!
14526000 The following information are used to XYZ income statement: Interest expense 10000 Revenue (sales) Cost of goods sold 9079000 Common stock dividends Operating expenses 3899000 Income tax Shares outstanding 716296 243000 617000 Instruction: a) Reconstruct the XYZ's income statement assuming the firm is able to cut its cost of goods sold by 12% and where the firm pays taxes at 30% tax rate. b) What is the firm's net income and earnings per share? C) What are firm's dividends per share? d) What is the gross profit margin? e) Analyse and interpret the information included in the new constructed the XYZ's income statementStep by Step Solution
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