How much in total dividends did the company pay

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Reference no: EM131177991

For the most recent year, Seether, Inc., had sales of $444,000, cost of goods sold of $218,700, depreciation expense of $58,400, and additions to retained earnings of $50,600. The firm currently has 29,000 shares of common stock outstanding, and the previous year’s dividends per share were $1.45. The income tax rate is 32 percent.

Required: What was the EBIT? (Do not round intermediate calculations.)

EBIT $

How much in total dividends did the company pay? (Do not round intermediate calculations.)

Total dividends $

What was the company's net income? (Do not round intermediate calculations.)

Net income $

What was the company's earnings before tax (EBT)? (Do not round intermediate calculations. Round your answer to the nearest whole number(e.g., 32).)

EBT $

What was the company's interest payment? (Do not round intermediate calculations. Round your answer to the nearest whole number(e.g., 32).)

Interest $

What was the company's times interest earned ratio? (Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Times interest earned times

Reference no: EM131177991

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