Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest expense of $38,000 and tax rate of 35%. What is the net income of the firm? Suppose the firm paid out $95,000 in cash dividends. What is the addition to retained earnings? Suppose the firm had 90,000 shares of common stock outstanding. What is the earnings per share? What is the dividends per share figure?

Q: Green Grass, Inc., has sales of $573,000, costs of $284,000, depreciation expense of $32,000,…

A: Sales of $573,000Costs of $284,000Depreciation expense of $32,000Interest expense of $13,000Tax…

Q: Assume the following data concerning Mubadala company The company paid taxes of $900,000. The…

A: Cost of capital:The cost of capital is the charge incurred by a corporation to finance its…

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A: Profits may also be invested back into the business for purposes of expansion and isn't distributed…

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A: Return on Equity refers to the ability of the company to earn profits on its investment RO

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A: Equity is the owner fund in the business which is payable to the members or shareholder at the time…

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A: Net asset value refers to the market value of the shares of the company based on net worth. Net…

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A: Dividend Payout and Retained Earnings are two fundamental concepts in corporate finance related to a…

Q: Vzing profitability and capital structure) In the year just ended, Callaway Light- ing had sales of…

A: Solution : a. Statement showing income of firm Sales $5000000 Cost of goods sold…

Q: A debt-free firm has profit for the year of $210 000, taxes of $55 822.78 and depreciation of $42…

A: Operating cash flow refers to the amount that is generated from day-to-day business operations.…

Q: A firm has a market value equal to its book value. Currently, the firm has excess cash of $11,500…

A: Share price after declaration of dividend is the price which has been adjusted for the dividend…

Q: A firm paid 60% of net income out in dividends. Its dividend payout ratio was 60%. The dividend per…

A: Dividend Payout = 60% of Earning Per Share 1.20 = 60% * Earning Per Share Earning Per Share = 1.20 /…

Q: What will the new earnings per share be if the firm uses its excess cash to complete a stock…

A: Stock Repurchase: Also known as buyback, it is a decision made by the firm to repurchase its shares…

Q: Guo Company has owners equity of $360,800 and net income of $100,112. It has a payout ratio of 29%…

A: Given the following information: Owner's equity: $360,800 Net Income: $100,112 Payout ratio: 29%…

Q: Question I need help with (answered last question for context to this one) : If Fab Corp can earn…

A: The estimated annual growth rate of Fab Corp's net income can be calculated using the Retention Rate…

Q: Firm ABC had operating profits of $100,000, a 25% tax rate, interest expense of $22,000, and…

A: Net profit after tax is that amount which is earned by the investor from the business after…

Q: A firm has a net income of 10 million and a debt ratio of 60%. Its sales are 200 million and it has…

A: Formulas to be used where ROE = Return on equity   Equity ratio = 1 - debt ratio

Q: If a firm has the following sources of finance, Current liabilities $ 90,000 Long-term debt…

A: Preference shares  or preferenced stock, speak to a frame of proprietorship in a company that…

Q: Last year, Headline News Corporation paid $600,000 in dividends and retained $200,000 of the…

A: The question is based on the concept of Financial Management. Dividend: It is the share of the…

Q: The Firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and…

A: Net Income: The net income of the business is determined by subtracting the total expenses from the…

Q: 2. Building an income Statement Sidewinder, Inc., has sales of $634,000, cost of $328,000,…

A: 2. Net income means income remaining after all the costs, depreciation , interest and all taxes.

Q: Last year the P. M. Postem Corporation had sales of $426, 000, with a cost of goods sold of…

A: The objective of the question is to construct the income statement of P. M. Postem Corporation and…

Q: A firm has the following book-value balance sheet; Debt = $23,000, Common Stock ($1 par) = 20 and…

A: The value of tax shield is given as firm's tax rate multiplied by the cost of debt and the market…

Q: ear the Bulls Business Bureau (BBB) retained $400.000 of the $1 million income it generated. This…

A: Dividend is the amount of income shared with shareholders and companies maintain constant dividend…

Q: Planet Express has liabilities of $400 and assets of $1000. The average YTM on its debt is 10% and…

A: FORMULA FOR WACC: WACC=WP×KP+WD×KD×1-TAX WHERE, WD=weight of debtwp=weight of preferred sharekd=cost…

Q: Vuong Rentals has sales of $546,000, costs of $295,000, depreciation expense of $37,000, interest…

A: Income before tax = Sales - Costs - Depreciation expenses - Interest expense=…

Q: A firm has net income of $500,000 and sales of $18,000,000. Its interest expense is $180,000 and the…

A: Net Income = ni = $500,000Sales = s = $18,000,000Interest Expenses = i = 180,000Tax rate = t = 30%

Q: What is the net asset value of an investment company with $9,500,000 in assets, $610,000 in current…

A: price per share =(value of the assets- current liabilities)/no of shares outstanding…

Q: Last year, your company had sales of $3,909,755, cost of goods sold of $2,322,288 and operating…

A: A US corporation generally may deduct 50% of dividends received from other US corporations in…

Q: Based on the corporate valuation model, the value of a company's operations is $250 million. The…

A: In corporate valuation model, the value of the company is its value of operations plus…

Q: What is the net asset value of an investment company with $9,900,000 in assets, $560,000 in current…

A: Assets = $9,900,000 Current liabilities = $560,000 Shares Outstanding = 1,300,000

Q: Papa Roach Exterminators, Inc., has sales of $689,000, costs of $315,000, depreciation expense of…

A: Sales = s = $689,000Cost = c = $315,000Depreciation = d = $54,000Interest Expenses = i = $33,000Tax…

Q: Billy's Exterminators, Inc., has sales of $75,467, costs of $20,519, depreciation expense of…

A: DIVIDEND PER SHARE Dividend Per Share is the Ratio between Cash Dividend Paid & Outstanding…

Q: If the Marifield Steel Fabrication Company earned $539,000 in net income and paid a cash dividend…

A: earning per share formula: earning per share=net income-dividendnumber of shares outstanding

Q: BFC Ltd. has the following financial information: Net Profit: $5 million; Sales: $100 million;…

A: Return on equity (ROE) is a financial ratio which is an indicator of how efficiently a company is…

Q: Orlando Landscaping has current assets of $5,100, net fixed assets of $23,000, current liabilities…

A: Shareholders Equity = Current Assets + Net Fixed Assets - Current Liabilities - Long Term Debt Net…

Q: What is the net asset value of an investment company with $9,900,000 in assets, $650,000 in current…

A: Net asset value: It is the difference of any entity's total assets minus the total liabilities.

Q: Green Grass, Inc., has sales of $514, 000, costs of $191,000, depreciation expense of $33,000,…

A: The portion of profit after after tax after payment of payment of dividend will be added to the…

Q: The firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and…

A: Earnings before interest & taxes(EBIT) is the income generated by an entity before making…

Q: How much did Guo pay in cash dividends, and what were its average return on assets?

A:

Q: Flubber Products has current assets of $60,000 and total assets of $340,000. The firm’s sales are…

A: Answer 1. Current assets = $60,000 Total assets = $340,000 Firms sales = $700,000 Interest expense =…