KI's dividend payout ratio for 2022 is _____.

KI's internal growth rate for 2022 is _____, and KI's sustainable growth rate for 2022 is _____.

KI's operating cycle for 2022 is _____ days.

KI's cash cycle for 2022 is _____ days.

Information

Kramerica Industries (KI) 2022 Income Statement
Sales	$627,800
Cost of goods sold	521,400
Depreciation	11,200
Earnings before interest and taxes	$95,200
Interest expense	10,100
Earnings before taxes	$85,100
Taxes	28,900
Net income	?
Dividends	?
Additions to retained earnings	?

Kramerica Industries (KI)
2021 and 2022 Balance Sheets
	2021	2022		2021	2022
Cash	$17,000	$24,700	Accounts payable	$128,600	$134,700
Accounts receivable	54,100	56,700	Long-term debt	147,500	141,000
Inventory	189,400	186,700	Common stock	125,000	140,000
Net fixed assets	261,300	279,400	Retained earnings	120,700	131,800
Total assets	$521,800	$547,500	Total liabilities and equity	$521,800	$547,500

Answer rating: 100% (QA)

Net Income Net Income Earnings before taxes Taxes Net Income 85100 28900 Net Income 56200 Dividends To find Additions to retained earnings we need to ... View the full answer