will rate

A firm has $5,500 in Net Sales and Operating Expenses are $1,735. Depreciation Expense is $668. Interest expense is $173 and the firm has a 10.6% tax rate. Calculate the firm's Net Income. Include a negative if appropriate 1. first find EBIT 2. next subtract Interest 3. then subtract taxes, there are two wasy to do this 1. Find the tax amount in dollars (EBTT where Tis a decimal) and then subtract it out: EBT - taxes 2. Or find taxes and subtract them in one step EBT"(1-T) where T is in decimal form Your answer should be in dollars ($200 or 200 are both acceptable formats) A firm has $146.3 million ($146,300,000) in Net Income and 75 million (75,000,000) common shares outstanding. $86.3 million ($86,300,000) in dividends to shareholders and $940 million ($940,000,000) in total common equity. Notice how millions are converted in dollars. be sure you are comfortable converting millions into dollars and visa-versa Earnings A. 146.3 million Earnings per share (EPS) B. $1.95 Dividends per share C. $1.15 Book Value per Share D. $12.53