Based on the information given below on Harmony Incorporated calculate the following: 1) Net Income; 2) Change to Retained Earnings; 3) EPS; 4) Dividends Per Share; 5) Dividend Yield EBIT Interest expense Tax 5,000,000 150,000 40% Preferred shares outstanding&div 200,000 ($8 each) Common shares outstanding 2,000,000 Dividend Payout ratio Current stock price 50% $15 4

Based on the information given below on Harmony Incorporated calculate the following: 1) Net Income; 2) Change to Retained Earnings; 3) EPS; 4) Dividends Per Share; 5) Dividend Yield EBIT Interest expense Tax 5,000,000 150,000 40% Preferred shares outstanding&div 200,000 ($8 each) Common shares outstanding 2,000,000 Dividend Payout ratio Current stock price 50% $15 4

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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