Chicken inc has sales of 264200 costs of 185600 and, Ask an Expert

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Chicken, Inc. has sales of $264,200, costs of $185,600, and interest paid of $11,200. The depreciation expense is $36,900 and the tax rate is 20 percent. At the beginning of the year, the firm had retained earnings of $168,700. At the end of the year, the firm has retained earnings of $175,500. What is the amount of the dividends paid for the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92818983

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