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You own 100 shares in a company that earns $4.00 per share before taxes, has a corporate tax rate of 30%, and pays out 60%

You own 100 shares in a company that earns $4.00 per share before taxes, has a corporate tax rate of 30%, and pays out 60% of its after-tax earnings as dividends. The tax rate on dividend income is 15%. What is the total after-tax income you receive from your dividends?




We Sell Ice Cream is creating its financial statements. Which of the following items are assets on the statement of financial positions?

A) Outstanding short-term loan

B) Money owed for goods sold on credit

C) Ice cream trucks

D) Net income B and D A and D B and C A and B C and D



Ivanhoe Energy Inc has 36 million shares outstanding, with a current share price of $21.45 per share. If the firm's book value of equity is $80 million, what is its market-to-book ratio?



Ryerson Corporation has a book value of total debt of $500,000 and a book value total debt-to-total equity ratio of 0.55. What is the value of the total assets?



Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7, and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3% and an equity multiplier of 4.7. If both manufacturers have the same ROE, what is the asset turnover for Manufacturer B?

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