BONDO INC.2021 Given information $1,600,000 in sales, variable costs 40% of sales, fixed expenses are 460,000, depreciation
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Question:
BONDO INC.2021 Given information $1,600,000 in sales, variable costs 40% of sales, fixed expenses are 460,000, depreciation expense 54,000, interest expense 16,000. Tax rate 30%. Dividend payout 30%. What is the gross profit margin AND net profit margin?
what is their 2021 dividend payout AND addition to retained earnings stated in $
what is their EPS (earnings per share) if there are 100,000 shares of stock outstanding)?
Expert Answer:
The variable costs are 40 of 1600000 in sales which is 640000 The contribution margin is 1600000 640... View the full answer
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