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%
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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%
Take the amount of dividends divided by 25 cents to get your answer. The other information is irrelevant to getting the sales figure.
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