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gdhoo3Q0NZTErqE4rKhjN 8. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31, 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) naid to shareholders for the year 2019 is: *

gdhoo3Q0NZTErqE4rKhjN 8. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31, 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) naid to shareholders for the year 2019 is: *

Essentials Of Investments
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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ntgdhoo3QONZTErqE4rKhjNWqXM8bk4FI16rq 8. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31, 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) paid to shareholders for the year 2019 is: * $1.5 million $2.5 million $3.5 million $4.5 million None of the above 9. TSE company reported a Net income of $91 million for year N. Depreciation expense was $141 million. Net interest expense was $60 million. Tax rate is 30%. The Earnings before interest, taxes and depreciation (EBITDA) for this company is: * $41 million $292 million $331 million $190 million None of the above O O
Transcribed Image Text:ntgdhoo3QONZTErqE4rKhjNWqXM8bk4FI16rq 8. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31, 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) paid to shareholders for the year 2019 is: * $1.5 million $2.5 million $3.5 million $4.5 million None of the above 9. TSE company reported a Net income of $91 million for year N. Depreciation expense was $141 million. Net interest expense was $60 million. Tax rate is 30%. The Earnings before interest, taxes and depreciation (EBITDA) for this company is: * $41 million $292 million $331 million $190 million None of the above O O
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