Question
You have been given the following information for Moores HoneyBee Corp. a. Net sales = $32,000,000; b. Cost of goods sold (COGS) = $14,000,000; c.
- You have been given the following information for Moores HoneyBee Corp.
a. Net sales = $32,000,000;
b. Cost of goods sold (COGS) = $14,000,000;
c. SG&A (selling, general & administration) expenses = $2,500,000;
d. Net Income (after tax) = $6,000,000;
e. Dividends paid to preferred stockholders = $500,000;
f. Dividends paid to common stockholders = $1,500,000;
g. Depreciation expense = $2,800,000
h. # of common shares outstanding = 2,000,000
i. Corporate tax rate = 25%
Calculate the operating margin, earnings per share (EPS), dividend per share (DPS), total interest expense, and addition to retained earnings for Moores HoneyBee Corp.
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