Samson’s Sailboats Inc. recently reported the following income statement (in millions of dollars):

Samson’s Sailboats Inc. recently reported the following income  statement (in millions of dollars):


Haven’t Found The Relevant Content? Hire a Subject Expert to Help You With
Samson’s Sailboats Inc. recently reported the following income statement (in millions of dollars):
Post Your Own Question And Get A Custom Answer
Hire Writer

               Sales                                                     $3,500                 

               Operating costs                                 2,500                  

               EBIT                                                      $1,000                  

               Interest                                           200                       

               EBT                                                         $800 

               Taxes (40%)                                           320                  

               Net income                                         $ 480                  

               Dividends (40%)                                $ 

               Addition to retained earnings     $ 

This year the company is forecasting a 40% increase in sales, and it expects that its year end operating costs will decline to 60% of sales. Samson’s tax rate, interest expense, and dividend payout ratio are all expected to remain constant. 

 What is Samson’s projected 2019 Net Income?

What is the projected 2019 paid out Dividend?

 What is the forecasted addition to Retained Earnings to 2019?

can you help me solve this one

Kenney Corporation recently reported the following income statement for           2013 (numbers are in millions of dollars):

                                                                              2018                       2019

Sales                                                              $ 7,000

Operating costs                                                             3,000

EBIT                                                               $ 4,000

Interest                                                                 200

Earnings before taxes (EBT)                                    $ 3,800

Taxes (40%)                                                      1,520

Net income available to common shareholders   $ 2,280

The company forecasts that its sales will increase by 10% in 2019 and its operating costs will increase in proportion to sales. The company’s interest expense is expected to remain at $200 million, and the tax rate will remain at 40%. The company plans to pay out 50% of its net income as dividends, the other 50% will be additions to retained earnings.

  1. What is Kenney’s projected 2019 Net Income?
  2. What is the projected 2019 paid out Dividend?
  3.  What is the forecasted addition to Retained Earnings to 2019?

My Homework Geeks

Why Hire a Professional Essay Writer from MyHomeworkGeeks

Quality Urgent Essays

Domyhomeworkk online platform provides the best essay writing service ever received elsewhere, thanks to our professional essay writers. Experience gained in the 10+ years of being in the assignment writing industry is also an added advantage.

Professional and Experienced Academic Writers

A lot is done to maintain us as the best essay writing service provider. Besides owning a degree from a recognized university, a writer must pass the rigorous tests we take them through before they are considered eligible to offer urgent essay help on our website.

Affordable Urgent Assignment Help

Who said a reliable website should not be cheap also? While it is human nature to associate prices with quality, that does not always work. At, we guarantee you cheap and urgent essay help without compromising the quality.

24/7 Available Urgent Essay Writing Service

Whether it is a ‘write my essay for me cheap’ or ‘edit my essay’ order you want to request, always feel free to reach us at any time of the day. Our experts work in shifts to ensure that you access urgent essay writing services at any time of the day.

Plagiarism Free Essays Online

The punitive measures that come with plagiarized content are so harsh, and we understand that. We consequently ensure to write each client’s papers from scratch no matter how urgent the essay is. To acknowledge borrowed content, our quick writer references and cites the work.

Wow Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

So much stress and so little time? Take care of yourself: let us help you with your tasks. We offer all kinds of writing services.


Custom Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Have a homework question? Get help from verified tutors now!