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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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