Evaluating profitability?

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(Evaluating profitability?) Last? year, Stevens Inc. had sales of ?$398 comma 398,000?, with a cost of goods sold of ?$117 comma 117,000. The? firm's operating expenses were $ 131 comma $131,000?, and its increase in retained earnings was ?$52 comma 52,000. There are currently 21 comma 21,600 common stock shares outstanding 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?

Reference no: EM132379696

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