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The following table gives the information for Haywood Foods. The company currently pays out 20% of net income as dividends to stockholders. Answer Questions 2

The following table gives the information for Haywood Foods. The company currently pays out 20% of net income as dividends to stockholders. Answer Questions 2 23.

2014 2015
Cost of Goods Sold $3,670 $4,109
Cash 250 313
Depreciation 125 122
Interest Expense 291 280
Current Liabilities 717 1,051
Net Fixed Assests 4,006 4,123
Sales 5,831 6,423
Accounts Receivable 1,092 1,162
Long-term Debt 2,400 1,100
Inventory 1,495 1,521
New Equity 0 250
Taxes 590 672

What is the amount of dividend paid in 2014?

a.

$231

b.

$163

c.

$248

d.

$187

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