Question: Calculate the dividends payment given the following information: Sales = $100,000 Cost of goods sold = 60% of sales revenues Interest expense = $7,500 Tax

Calculate the dividends payment given the following information: 

Sales = $100,000 

Cost of goods sold = 60% of sales 

revenues Interest expense = $7,500 

Tax rate = 35% 

Depreciation = 3,000 

Dividend payout ratio = 30% 

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