Solution-What were Costa Dividends

What were Costa Dividends

Assignment Help Financial Accounting

Reference no: EM132919734

Question - Given the following financial information for Costa Corporation.

	2020	2019
Accounts Payable	$9,505	$8,544
Accounts Receivable	13,576	14,481
Cash	25,185	19,287
Common Stock	30,120	30,120
Cost of Goods Sold	21,027	20,447
Current Portion of Long-term Debt	2,631	1,202
Depreciation Expense	2,600	2,509
Dividend	?	?
Goodwill	39,795	31,282
Interest Expense	264	388
Inventory	9,344	9,020
Long-Term Debt	32,635	26,494
Net Property, Plant & Equipment	19,766	18,615
Research & Development Expense	16,159	15,355
Retained Earnings	?	?
Revenue	82,584	82,059
Selling General & Admin Expense	31,243	30,533
Treasury Stock	-38,490	-38,417
Tax Rate = 21%
2018 Retained Earnings = $56,216

Required - What were Costa's Dividends in 2019 and 2020?

Reference no: EM132919734

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What were Costa Dividends : Question - Given the following financial information for Costa Corporation. What were Costa's Dividends in 2019 and 2020

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What were Costa Dividends

Reference no: EM132919734

Reference no: EM132919734

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