Steinhardt Wig Company has the following Income statement and balance sheet for 2005. The firm paid out
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Question:
Steinhardt Wig Company has the following Income statement and balance sheet for 2005. The firm paid out 65% of it's Net Income as Dividends. What is the firms Cash Flow to Equity Holders? (Round to nearest penny and do not enter commas, e.g. 1234.56)
Revenue | 176655 |
---|---|
Costs | 23271 |
Depreciation | 16885 |
Ebit | |
Interest Expense | 7562 |
Taxable Income | |
Tax Expense @ 22% | |
Net Income |
Year | 2004 | 2005 | 2004 | 2005 | |
---|---|---|---|---|---|
Current Assets | 17455 | 17375 | Current Liabilities | 14757 | 17015 |
Fixed Assets | 140357 | 157330 | Long-Term Debt | 136777 | 139901 |
Common Stock | 30465 | 37106 |
Related Book For
Understanding financial statements
ISBN: 978-0136086246
9th Edition
Authors: Lyn M. Fraser, Aileen Ormiston
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