1. INCOME STSTEMENT-Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
2. STATEMENT OF STOCKHOLDERS' EQUITY In its most recent financial statements, New house Inc. reported $50 million of net income and $810 million of retained earnings. The previous retained earnings were $780 million. How much in dividends were paid tc shareholders during the year? Assume that all dividends declared were actually paid.
3. MVA Henderson Industries has $500 million of common equity on its balance sheet; its stock price is $60 per share; and its Market Value Added (MVA) is $130 million. How man) common shares are currently outstanding?