Answer: The correct option is option B ; i.e 13.79% and $2.1 per share
please refer to the working in the below-attached images:
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Question 15 Previous Next> Assume a company's Income Statement for Year 12 is as follows Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss $530,000 340,000 40,000 80,000 15,000 55,000 (10,000) 45,000 13,500 S 31,500 Based on the above income statement data and assuming the company has 20 million shares of common stock...
< Previous Question 17 Assume a company's Income Statement for Year 12 is as follows: Year 12 (in 000s) Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $580,000 370,000 40,000 75,000 15,000 90,000 (15,000) 75,000 22,500 $52,500 Based on the above income statement data and assuming the company has 20 million shar of common stock outstanding,...
Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Yea. 12 (in 000s) $ 580,000 350,000 45,000 90,000 15,000 80,000 (20,000) 60,000 18,000 $ 42,000 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the company's...