Tyler, Inc., has sales of $753,000, costs of $308,000, depreciation expense of $46,000, interest expense of $21,500, and a tax rate of 35 percent. What is the net income for the firm? Suppose the company paid out $67,000 in cash dividends. What is the addition to retained earnings?
Answer to relevant QuestionsDuring 2010, Raines Umbrella Corp. had sales of $835,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $620,000, $120,000, and $85,000, respectively. In addition, the company had an ...For 2010, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. The following table presents the long-term liabilities and stockholders' equity of Information Control Corp. one year ago: Long-term debt ................. $35,000,000 Preferred stock ................... 4,000,000 Common ...In addition to common-size financial statements, common-base year financial statements are often used. Common-base year financial statements are constructed by dividing the current year account value by the base year account ...Dahlia, Inc., wishes to maintain a growth rate of 9 percent per year and a debt-equity ratio of 0.55. Profit margin is 6.2 percent, and the ratio of total assets to sales is constant at 1.90. Is this growth rate possible? To ...
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