Question: In its recent income statement, Smith Software Inc. reported paying $9 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 $9 million in dividends to common shareholders, and in its year-end balance sheet, Smith reported $343 million of retained earnings. The previous year, its balance sheet showed $333 million of retained earnings. What was the firm's net income during the most recent year? (Answers are in $ millions.) $19.00 $10.00 O $9.00 $7.00 $26.00 Question 10 (1 point) Casey Motors recently reported net income of $95 million. The firm's tax rate was 40.0% and interest expense was $29 million. The company's after-tax cost of capital is 9.0% and the firm's total investor supplied operating capital employed equals $475 million. What is the company's EVA? (Answers are in $ millions.) $112.40 $95.00 $158.33 $69.65 Casey Motors recently reported net income of $95 million. The firm's tax rate was 40.0% and interest expense was $29 million. The company's after-tax cost of capital is 9.0% and the firm's total investor supplied operating capital employed equals $475 million. What is the company's EVA? (Answers are in $ millions.) O $112.40 $95.00 $158.33 $69.65 O $42.75 O is equal to net income O is equal to net cash flow is the amount of profit a firm would generate if it had no debt and held no nonoperating assets all of the above
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