5- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the EPS, earnings per share? State as a number. 6- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. Last year their net profit margin was 28%. This year is considered a more profitable year. True or false?
5- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. What is the EPS, earnings per share? State as a number. 6- DUSKY has annual sales of $40 million with the following costs: Cost of goods sold $12 million, Fixed costs $16 million, Depreciation expense $300,000, Interest expense $200,000, tax rate 30%, dividend payout rate 20%, 1 million shares of common stock. Last year their net profit margin was 28%. This year is considered a more profitable year. True or false?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:5- DUSKY has annual sales of $40 million with the following costs:
Cost of goods sold $12 million, Fixed costs $16 million, Depreciation
expense $300,000, Interest expense $200,000, tax rate 30%, dividend
payout rate 20%, 1 million shares of common stock. What is the EPS,
earnings per share? State as a number.
6- DUSKY has annual sales of $40 million with the following costs:
Cost of goods sold $12 million, Fixed costs $16 million, Depreciation
expense $300,000, Interest expense $200,000, tax rate 30%, dividend
payout rate 20%, 1 million shares of common stock. Last year their net
profit margin was 28%. This year is considered a more profitable year.
True or false?
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