Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...

Question 1

Question

Dividends paid?

Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net inc

business accounting

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Answer #1

Amount of Dividends paid :

$800

Working :

Opening Retained Earnings 2122

+ Net Income 1374

- Closing Retained Earnings 2696

= Dividends paid 800

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Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...

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2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and...

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2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and...

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Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...