BEE Co. has sales of $6,000,000. Cost of goods sold are 40% of sales. Operating expenses(excluding depreciation) 30% of sales. Depreciation is $54,000. Interest expense is 1% of sales. Tax 30%

 If their dividend payout ratio is 40%, what is the dividend payout in $.

Answer rating: 100% (QA)

To calculate the dividend payout youll first need to determine the companys net income and then appl... View the full answer