Revenue 3 million cogs 40 of revenue operating expenses


Complete a simplified income statement for Green Co. using the below.

Revenue $3 million COGS 40% of revenue Operating Expenses $500,000

Interest $30,000 Tax 40%.

a. If their retained earning balance was $450,000 last year and $912,000 how much did they pay in dividends?

b. What is the yield to maturity for a bond with the following attributes? 12 years to maturity, $1000 Par, 10% coupon, selling price $870?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Revenue 3 million cogs 40 of revenue operating expenses
Reference No:- TGS01130598

Expected delivery within 24 Hours