Principles of Corporate Finance

(Barry) #1

Executive Paper


Executive Paper Income Statement (1999)


$ millions
Revenues 2,200.00
Costs 1,980.00
DepreciationEBIT 166.7053.30
Interest 40.00
Tax 50.70
Net income 76.00


Dividend 45.60
Retained earnings 30.40
Earnings per share, dollars 5.37
Dividend per share, dollars 3.22

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