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    ed316's Avatar
    ed316 Posts: 1, Reputation: 1
    New Member
     
    #1

    Jan 10, 2012, 03:15 PM
    What are the companies sales?
    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's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    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.

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