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Complete a simplified income statement for Green Co. using the below.

Revenue $3 million COGS 40% of revenue Operating Expenses $500,000

Interest $30,000 Tax 40%.

a. If their retained earning balance was $450,000 last year and $912,000 how much did they pay in dividends?

b. What is the yield to maturity for a bond with the following attributes? 12 years to maturity, $1000 Par, 10% coupon, selling price $870?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91420193

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