Takeda Systems, Inc., has sales of $892,000, operating costs…
Takeda Systems, Inc., has sales of $892,000, operating costs of $418,000, depreciation expense of $56,000, interest expense of $44,000, and a corporate tax rate of 23 percent.What is the firm’s net income? (Hint: First construct an income statement.)If the firm paid $160,000 in cash dividends, what is the addition to retained earnings?If the firm has 80,000 shares of common stock outstanding, what are the earnings per share (EPS) and dividends per share (DPS)?
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