Consider the following information about RMR Autos: EBIT = $2,000 Interest Expense = $200 Corporate Income Tax Rate = 30
Posted: Wed Jul 06, 2022 6:28 pm
Consider the following information about RMR Autos: EBIT =$2,000 Interest Expense = $200 Corporate Income Tax Rate = 30%.Companies pays out 40% of its earnings as dividends to commonshareholders. Calculate RMR Autos retained earnings
$1,080
$504
$756
$1,260
$1,080
$504
$756
$1,260