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ed316
Jan 10, 2012, 03:15 PM
A company pays a 25 cent dividend out of every dollar that it earns. What are the companies sales?

Interest $470
Cost of goods sold $6,310
Dividends $660
Depreciation $580
Tax Rate 35%

pready
Jan 12, 2012, 01:01 PM
Take the amount of dividends divided by 25 cents to get your answer. The other information is irrelevant to getting the sales figure.