A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in...

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A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 35.00%. The firm has 104,000.00 common shares outstanding. What is the net income for the firm? Submit Answer format: Currency: Round to: 2 decimal places Show Hird A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 35,00%. The firm has 104,000.00 common shares outstanding. If the firm pays a 20% dividend, what are the dividends per share? Submit Answer format: Curency: Round to: 2 decimal places. Show Hint A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm hap a corporate tax rate of 35.00%. The firm has 104,000.00 common shares outstanding. If the firm pays a 20% dividend, how much is added to retained earnings? Answer format: Currency: Round to: 2 decimal places. Show Hit Consider the balance sheet for Carson Plumbing on December 31, 2020: They had cash and marketable securities of 549,320.00, accounts receivable of $89,985.00, inventory of $59,560.00,; and net fixed assets of $197,775.00. It also had accounts payable of $39,360.00, notes payable of $34,900.00, long-term debt of $164,490.00, and common stock of 564,130.00. For the balance sheet to be conect, what must the level of retained earnings be? Subot A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 35.00%. The firm has 104,000.00 common shares outstanding. What is the net income for the firm? Submit Answer format: Currency: Round to: 2 decimal places Show Hird A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm has a corporate tax rate of 35,00%. The firm has 104,000.00 common shares outstanding. If the firm pays a 20% dividend, what are the dividends per share? Submit Answer format: Curency: Round to: 2 decimal places. Show Hint A firm has EBIT of $970,700.00. Assume that the firm will pay $287,210.00 in interest in the upcoming year. The firm hap a corporate tax rate of 35.00%. The firm has 104,000.00 common shares outstanding. If the firm pays a 20% dividend, how much is added to retained earnings? Answer format: Currency: Round to: 2 decimal places. Show Hit Consider the balance sheet for Carson Plumbing on December 31, 2020: They had cash and marketable securities of 549,320.00, accounts receivable of $89,985.00, inventory of $59,560.00,; and net fixed assets of $197,775.00. It also had accounts payable of $39,360.00, notes payable of $34,900.00, long-term debt of $164,490.00, and common stock of 564,130.00. For the balance sheet to be conect, what must the level of retained earnings be? Subot

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Net Income Calculation To calculate the net income we need to first find the earnings before taxes EBT which is the Earnings Before Interest and Taxes ... View the full answer