Income Statement Analysis Quiz

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Questions and Answers

What was the total operating expense reported by the continental company for 2010?

  • Br 2,250,000.00
  • Br 12,000,000.00 (correct)
  • Br 3,000,000.00
  • Br 15,000,000.00

What were the earnings before interest and taxes (EBLT) for the continental company in 2010?

  • Br 15,000,000.00
  • Br 3,000,000.00 (correct)
  • Br 1,250,000.00
  • Br 2,250,000.00

What was the amount of interest expense reported by the continental company for 2010?

  • Br 1,500,000.00
  • Br 750,000.00 (correct)
  • Br 2,250,000.00
  • Br 1,000,000.00

What was the total amount of income taxes for the continental company in 2010?

<p>Br 1,000,000.00 (C)</p> Signup and view all the answers

What was the amount of preferred dividends deducted by the continental company in 2010?

<p>Br 250,000.00 (D)</p> Signup and view all the answers

What was the earnings per share for the common stockholders in 2010?

<p>Br 4.00 (A)</p> Signup and view all the answers

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