consider a company with sales of $18,000.0 million, cost of goods sold of 42% of sales, other expenses including salaries ( we usually call this SG&A for selling, general and administrative) of 1750.0million, depreciation of 2250.0 million, and interest expense of 2300 million. tax rate =21%. a. generate an income statement and show net income b. what is the company's operating cash flow? c. if there are 775.2 million shares outstanding, what is the EPS? d. if the company has a payout ratio of 20%, what is the dividends per share?

2. Building an income Statement Sidewinder, Inc., has sales of $634,000, cost of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21%. What is the net income for this firm?   3. Dividends and Retained Earnings Suppose the firm in Problem 2 paid out $68,000 in cash dividends. What is the addition to retained earnings?   4. Per-Share Earnings and Dividends Suppose the firm in problem 3 had 35,000 shares of common stock outstanding. What is the earnings per share, or ES, figure? What is the dividends per share figure?

A firm's income statement included the following data. The firm's average tax rate was 20%. Cost of goods sold Income taxes paid Administrative expenses $ 8,000 $ 2,000 $ 3,000 $ 1,000 $ 1,000 Interest expense Depreciation a. What was the firm's net income? Net income b. What must have been the firm's revenues? Revenues c. What was EBIT? EBIT

Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,058,000 in invested assets, sales of $1,229,000, income from operations amounting to $202,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 19.1% Ob. 16.4% Oc. 86.1% IC. Od. 12.0%

If a firm’s taxable income is $10 million, the tax liability is $3 million, and dividends paid are $2 million, what is the addition to retained earnings? (Please show work and explain) For a firm with the following info., what is the value of equity? Prepaid expenses=$2 million, Cash=$4 million, Accounts payable=$1 million, Long-term debt=$43 million, Inventory=$10 million, Notes payable=$5 million, Net property, plant, and equipment=$34 million, Accounts receivable=$5 million. (Please show work and explain)

Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,030,000 in invested assets, sales of $1,275,000, income from operations amounting to $227,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 22.0% Оb. 17.8% Oc. 12.0% Od. 80.8%

A debt-free firm has profit for the year of $128 400, taxes of $46 200 and depreciation of $21 300. What is the operating cash flow?

What are the annual sales for a firm with $800,000 in debt, a total debt ratio of .06, and an asset turnover of 2?

Use the information below to build a properly formatted income statement. A: The firm has 25,280,000 shares outstanding and its earnings per share is $2.40. Calculate Net Income. B: The firm's corporate tax rate is 40%. Calculate the firm's EBT. C: After completing A and B above, what is the firm's corporate tax expense? D: The firm's operating income is 1.80 times its Net Income. Determine the firm's EBIT. E: Given your answer to D, calculate the firm's Interest Expense. F: After completing the above: Gross Profit is 18.00 times its Interest Expense. Calculate Gross Profit. G: Finally, the firm's Revenue is 1.50 times its EBIT. Calculate the firm's Revenue. INSTRUCTIONS: Write ratios involving dollar amounts out to the penny, with no dollar sign: 1000.00. All ratios and interest rates should be calculated as follows: 11.28 (no percent sign) For this problem: Net Income = Earnings before Taxes = Тах еxpens 3 Earnings before Taxes & Interest = Interest expense = Gross profit = Revenue =