How much dividends was paid to shareholders during the year

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ABC's EBIT is $12 million. The depreciation expense is $0.5 million and interest expense is $0.5 million. The corporate tax rate is 30%. The company has 10 million in operating current assets and $3 million operating current liabilities. It has $12 million in net plant and equipment. The after-tax cost of capital (WACC) is 8%. Assume that the only non-cash item is depreciation. The total net operating capital last year was $15 million. What was the company's free cash flow for the year?

The Herrara Co., had $273,000 in taxable income. Compute the company s income taxes. What is the average tax rate?

ABC's EBIT is $12 million. The depreciation expense is $0.5 million and interest expense is $0.5 million. The corporate tax rate is 45%. The company has 12 million in operating current assets and $6 million operating current liabilities. It has $5 million in net plant and equipment. The after-tax cost of capital (WACC) is 7%. Assume that the only non-cash item is depreciation. The total net operating capital last year was $6 million. What was the company's economic value added (EVA)?

In its most recent financial statements, ABC Inc. reported $48 of net income and $708 of retained earnings. The previous retained earnings were $813. How much in dividends was paid to shareholders during the year?

 

Reference no: EM13271824

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