Question: need help with question 15 and 16 Heidee Corp. and Leaudy Corp. have identical assets, sales, interest rates pard on their debt, tax rates, and

need help with question 15 and 16
need help with question 15 and 16 Heidee Corp. and Leaudy Corp.

Heidee Corp. and Leaudy Corp. have identical assets, sales, interest rates pard on their debt, tax rates, and EBIT. However, Heidee uses less debt than Leaudy. Which of the following statements is CORRECT? Heidee would have a lower equity multiplier for use in the DuPont equation than Leaudy. Without more information, we cannot tell if Heidee or Leaudy would have a higher or lower net income Heidee would have higher net income as shown on the income statement than Leaudy. Heidee would have to pay more in income taxes than Leaudy. Heidee would have lower net income as shown on the income statement than Leaudy. Question 16 ( 1 point) On 12/31/2021. Heaton Industries Inc reported retained earnings of $765,000 on its balance sheet, and it reported that it had $215,000 of net income during the year. On its previous balance sheet, at 1231/2020, the company had reported \$655,000 of retauned earnings. No shares were repurchased during 2021 . How much in dividends did Heaton pay during 2021 ( (Tip: Dividend Paid = Net Income - (Changes in Retained Earning))

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