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Unformatted text preview: - Payout Ratio = dividends per share / earnings per share iv. Financial Leverage Ratio:- Debt Ratio = total debt / total assets- Debt-to-Equity Ratio = total debt / total equity 4-36 Sales 1,800 Cost of goods sold 1,000 Gross Profit 800 Operating Expense Wage expense 400 Depreciation Exp 60 Utilities Exp 110 570 Operating Income 230 Other Revenue and Expenses Deduct: Interest Exp 138 Rent Revenue 20 Interest Revenue 28 48 Total Other Revenue 90 Income before income taxes 140 Income taxes @40% 56 Net Income 84...
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- Spring '11