Question: A & E Holdings' profit and loss statement showed a net income of9.75% of revenue or $29,250. Twenty percent of net income was paid in

A & E Holdings' profit and loss statement showed a net income of9.75% of revenue or $29,250. Twenty percent of net income was paid in corporation tax and 75% of the net income after-tax was paid out as dividends to Alice and Emile, who share in the ratio 5 to 3.

(a) What was the revenue of A & E Holdings?

(b) How much was the after-tax income?

(c) How much was paid out in dividends?

(d) What percent of net income did Alice receive as a dividend?

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