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Last? year, Stevens Inc. had sales of ?$405 comma 000?, with a cost of goods sold...

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Finance

Last? year, Stevens Inc. had sales of ?$405 comma 000?, with acost of goods sold of ?$110 comma 000. The? firm's operatingexpenses were $ 133 comma 000?, and its increase in retainedearnings was ?$53 comma 000. There are currently 22 comma 100common stock shares outstanding and the firm pays a ?$1.57 dividendper share. a. Assuming the? firm's earnings are taxed at 34?percent, construct the? firm's income statement. b. Compute the?firm's operating profit margin. c. What was the times interest?earned?

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Answer aStevensIncNumber of common stock shares outstanding 22100Firm pays dividend per share 157Total dividend payment 22100 157    See Answer
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Last? year, Stevens Inc. had sales of ?$405 comma 000?, with acost of goods sold of ?$110 comma 000. The? firm's operatingexpenses were $ 133 comma 000?, and its increase in retainedearnings was ?$53 comma 000. There are currently 22 comma 100common stock shares outstanding and the firm pays a ?$1.57 dividendper share. a. Assuming the? firm's earnings are taxed at 34?percent, construct the? firm's income statement. b. Compute the?firm's operating profit margin. c. What was the times interest?earned?

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