Southern healthcare had an equity balance of 172 million at, Ask an Expert

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Southern Healthcare had an equity balance of $172 million at the beginning of the year.

At year-end, its equity balance was $196 million.

Assume the company is not-for-profit, what was its net income for the year?

Now assume it’s a for-profit company with a 26% tax rate.

Assuming no dividends, what is its net income?

Assume $3 million in dividends, what is the net income?

Assume $3 million in dividends, and $5 million in additional stock sales; what is its net income?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92657276

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