Question
You are given the following information for BCD Corporation: 2023 Other operating expenses $1,500,000 Depreciation $125,000 Cost of goods sold $2,500,000 Income taxes $212,500 Dividends
You are given the following information for BCD Corporation:
2023
Other operating expenses $1,500,000
Depreciation $125,000
Cost of goods sold $2,500,000
Income taxes $212,500
Dividends $262,500
Cash flow from assets $537,500
Tax rate 25%
2022
Net fixed assets $2,000,000
Long-term debt $1,125,000
Common shares $1,750,000
2023
Net fixed assets $2,075,000
Long-term debt $1,000,000
Common shares $1,625,000
Calculate the amount of sales for the year 2023. Show your calculation.
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
