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In 2 0 1 6 , Chesterfield Industries had sales of $ 1 , 2 0 0 , 0 0 0 . The company had
In Chesterfield Industries had sales of $ The company had operating expenses excluding depreciation of $ depreciation expense of $ and interest expense of $ Cost of goods sold was $ and the company is subject to a tax rate. The company had shares of common stock outstanding. If the firm paid out $ per share as dividends, how much in total did they add to retained earnings for
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