Question: In its recent income statement, Smith Software Inc. reported paying $13 million in dividends to common shareholders, and in its year-end balance sheet, Smith reported
In its recent income statement, Smith Software Inc. reported paying $13 million in dividends to common shareholders, and in its year-end balance sheet, Smith reported $337 million of retained earnings. The previous year, its balance sheet showed $329 million of retained earnings. What was the firm's net income during the most recent year? (Answers are in $ millions.) $6.00 $8.00 $13.00 $21.00 $28.00 Question 10 (1 point) Casey Motors recently reported net income of $102 million. The firm's tax rate was 40.0% and interest expense was $34 million. The company's after-tax cost of capital is 9.0% and the firm's total investor supplied operating capital employed equals $612 million. What is the company's EVA? (Answers are in $ millions.) $102.00 $67.32 $170.00 $122.40
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