For the most recent year, Seether, Inc., had sales of $439,000, cost of goods sold of...
For the most recent year, Seether, Inc., had sales of $439,000,
cost of goods sold of $219,200, depreciation expense of $58,900,
and additions to retained earnings of $51,100. The firm currently
has 24,000 shares of common stock outstanding, and the previous
year’s dividends per share were $1.45. The income tax rate is 32
percent.
What was the EBIT? (Do not round intermediate calculations
and round your answer to the nearest whole number, e.g.,
32.)
EBIT
$
How much in total dividends did the company pay? (Do not
round intermediate calculations and round your answer to the
nearest whole number, e.g., 32.)
Total dividends
$
What was the company's net income? (Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 32.)
Net income
$
What was the company's earnings before tax (EBT)? (Do not
round intermediate calculations and round your answer to the
nearest whole number, e.g., 32.)
EBT
$
What was the company's interest payment? (Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 32.)
Interest
$
What was the company's times interest earned ratio? (Do not
round intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)
Times interest earned
times
Homework Answers
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For the most recent year, Seether, Inc., had sales of $439,000,
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connect Chapter 3 Homework Instructions help • Save & Submit 11. 33 points For the most recent year. Seether Inc had sales of $449000, cost of goods some of $218.200 depreciation expense of $57.900, and additions to retained earnings of $50.100. The fem currently has 34.000 shares of common stock outstanding and the previous year's dividends per share were $1.45 Assuming a 32 percent income tax rate what was...
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