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Last? year, Stevens Inc. had sales of?$404 comma 000 with a cost of goods sold of...

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Finance

Last? year, Stevens Inc. had sales of?$404 comma 000 with a costof goods sold of $120 comma 000. The? firm's operating expenseswere $129 comma 000 and its increase in retained earnings was ?$60comma 000. There are currently 23 comma 000 common stock sharesoutstanding and the firm pays a $1.59 dividend per 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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Last? year, Stevens Inc. had sales of?$404 comma 000 with a costof goods sold of $120 comma 000. The? firm's operating expenseswere $129 comma 000 and its increase in retained earnings was ?$60comma 000. There are currently 23 comma 000 common stock sharesoutstanding and the firm pays a $1.59 dividend per 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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