Information for case books incnbspwhat is the taxable


Information for Case Books, Inc:

Revenues for the year......................$4 million

Cost of goods sold…………………$1.5 million

Administrative expenses……………$450,000

Depreciation…………………………$300,000

Interest expense……………………$200,000

Dividends paid………………………$180,000

Number of shares outstanding...........100,000 shares

Tax rate...............................................20%

1. What is the taxable income?

2. How much are taxes?

3. What is the net income?

4. What is the EPS (earnings per share) figure?

5. What is the dividends per share figure?

6. What is the operating cash flow for the year?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Information for case books incnbspwhat is the taxable
Reference No:- TGS01720509

Expected delivery within 24 Hours