What was senbets net income

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Reference no: EM132248528

During the year, the Senbet Discount Tire Company has gross sales of $1.3million. The firm's cost of goods sold and the selling expenses were $450,000 and $225,000, respectively. Senbet also has interest expenses of $150,000. Depreciation was $110,000. Senbet's tax rate was 35 percent. The company has a total equity of $2 million.

a. What was Senbet's net income?

b. What was Senbet's operating cash flow?

c. If the company paid out $100,000 as dividends, what was the dividend payout ratio, retention ratio?

d. What was Senbet's ROE?

e. What was Senbet's sustainable growth rate?

Reference no: EM132248528

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