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Question 27 (3 points) Statement of Comprehensive Income YYY Bedding Company For the Year Ended December 31, 2020 $300,000 $195,000 $40,000 Sales Cost of goods
Question 27 (3 points) Statement of Comprehensive Income YYY Bedding Company For the Year Ended December 31, 2020 $300,000 $195,000 $40,000 Sales Cost of goods sold Selling expense General and administrative expenses Depreciation EBIT $11,000 $10.000 $44,000 Less: Interest EBT Less: Taxes (40%) $12.000 $32,000 $12,800 $19,200 $5,000 Net income Dividends Paid Assume sales are expected to grow by%24 in 2021. COGS, Selling expenses, and General and administrative expenses are expected to grow at the same rate sales. Depreciation and Interest are expected to remain the same as 2020 as will the dividend payout ratio. Answer to the nearest dollar. Don't forget to submit your work using the "Add attachments fo support your work" function below!! What is the expected dividend payment in 2021? Your
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