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Sales: 1235
Total Fix and VC: 250
Depreciation: 100
Interest: 26% of Sales
Tax Rate: 29% of (revenue - total cost - depreciation - interest)
Dividend: 60% of Net Income
Need to find Net Income and Retained Earnings?
Total Fix and VC: 250
Depreciation: 100
Interest: 26% of Sales
Tax Rate: 29% of (revenue - total cost - depreciation - interest)
Dividend: 60% of Net Income
Need to find Net Income and Retained Earnings?