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Author Question: D&L Corporation's profit and loss statement showed a net income of 9 3/4% or $41 250. Twenty-one ... (Read 61 times)

debasdf

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on: Jun 7, 2019
D&L Corporation's profit and loss statement showed a net income of 9 3/4% or $41 250. Twenty-one percent of net income was paid in corporation tax and 65% of the net income after tax was paid out as dividends to Cindi and Kelsey, who hold shares in the ratio 2 to 3.

a) What was the revenue of D&L Corporation?
b) How much was the after-tax income?
c) How much was paid out in dividends?
d) What percent of net income did Kelsey receive as a dividend?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by debasdf on Jun 7, 2019

JaynaD87

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Reply #1 on: Jun 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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debasdf

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Reply 2 on: Jun 7, 2019
Thanks for the timely response, appreciate it

ttt030911

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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