Question

For the following, calculate the company's net income (EAT) (use only what data you need): Sales...

For the following, calculate the company's net income (EAT) (use only what data you need): Sales = 2,000. Income tax rate = 50%. COGS = 10% of sales. SG&A expense = 100. Interest expense = 50. Dividend payout ratio = 25%.

825.00

850.00

309.37

412.50
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Answer #1

Answer = 825

In $
Sales             2,000
COGS                 200
SG&A expense                 100
Earnings before interest and tax (EBIT)             1,700
Interest                   50
Eatnings before tax (EBT)             1,650
Tax @50%                 825
Earnings After Tax (EAT)                 825
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