What was the company times interest earned ratio

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Reference no: EM131820500

For the most recent year, Seether, Inc., had sales of $454,000, cost of goods sold of $216,800, depreciation expense of $57,400, and additions to retained earnings of $49,600. The firm currently has 39,000 shares of common stock outstanding, and the previous year’s dividends per share were $1.45. The income tax rate is 32 percent.

What was the EBIT? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

EBIT $

How much in total dividends did the company pay? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Total dividends $

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

Net income $

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

EBT $

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

Interest $

What was the company's times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Times interest earned times

Reference no: EM131820500

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