1. KJ INC. Just reported a net income of 760 in its most recent year, and paid a dividend of 335. The previous year's retained earnings was 1980, what is the most recent retained earnings?
2. A company pays a dividend of $2.04 per share last year (D0=$2.04). If the company expects to increase the dividend at a constant growth rate of 5% indefinitely, what is the company's stock price? Assume that the appropriate discount rate is 12%.
3. Sales for a firm are $506,000?, cost of goods sold are $394,000?, and interest expenses are $16,000. What is the gross profit? margin?