A & E Holdings profit and loss statement showed a net incom % of revenue or $29,250. Twenty percent of net income 4 75% of the net income after-tax was paid out as dividends to Alice and Emile, who share in the ratio 5 to 3. (a) What was the revenue of A & E Holdings? (b) How much was the after-tax income? (c) How much was paid out in dividends? (d) What percent of net income did Alice receive as a dividend? ..... lal Tho rovoniue of A RE Holdings ws
A & E Holdings profit and loss statement showed a net incom % of revenue or $29,250. Twenty percent of net income 4 75% of the net income after-tax was paid out as dividends to Alice and Emile, who share in the ratio 5 to 3. (a) What was the revenue of A & E Holdings? (b) How much was the after-tax income? (c) How much was paid out in dividends? (d) What percent of net income did Alice receive as a dividend? ..... lal Tho rovoniue of A RE Holdings ws
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 1BCRQ
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please solve d part
![3
A & E Holdings' profit and loss statement showed a net income of 9-% of revenue or $29,250. Twenty percent of net income was paid in corporation tax and
75% of the net income after-tax was paid out as dividends to Alice and Emile, who share in the ratio 5 to 3.
(a) What was the revenue of A & E Holdings?
(b) How much was the after-tax income?
(c) How much was paid out in dividends?
(d) What percent of net income did Alice receive as a dividend?
.....
(a) The revenue of A & E Holdings was $
(Simplify your answer.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9cbdc430-f18c-4c2f-9368-38f979ac6503%2F522a1675-41b2-4593-851c-555d1685d332%2F4ux2hki_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3
A & E Holdings' profit and loss statement showed a net income of 9-% of revenue or $29,250. Twenty percent of net income was paid in corporation tax and
75% of the net income after-tax was paid out as dividends to Alice and Emile, who share in the ratio 5 to 3.
(a) What was the revenue of A & E Holdings?
(b) How much was the after-tax income?
(c) How much was paid out in dividends?
(d) What percent of net income did Alice receive as a dividend?
.....
(a) The revenue of A & E Holdings was $
(Simplify your answer.)
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