In 2014 chesterfield industries had sales of 1200000 the, Ask an Expert

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In 2014, Chesterfield Industries had sales of $1,200,000. The company had operating expenses (including depreciation) of $540,000, depreciation expense of $82,000 and interest expense of $54,000. Cost of goods sold was $280,000 and the company is subject to a 30% tax rate. The company had 50,000 shares of common stock outstanding. What is Chesterfield Industries' earnings per share? What is Chesterfields operating cash flow? If the firm paid out $1.10 per share as dividends, how much in total did they add to retained earnings for 2014?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91953630

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