Heuser Industries recently projected the following data (in thousands) for a coming year. The dividend payout is expected to be 40% of net income. What is the dollar amount of expected dividends (in thousands)

$84.00

Explanation:

Note that the below projected income statement is missing from the question:

Sales$ 6,000.00

Operating costs$ 4,900.00

EBITDA$ 1,100.00

Depreciation$ 500.00

EBIT$ 600.00

Interest$ 250.00

EBT$ 350.00

Taxes (40%)$ 140.00

Net income$ 210.00

Also, it should be noted that dividends are paid out of the net income such that the balance of the net earnings after payment of dividends is added to the balance of the retained earnings

Dividends=dividend payout ratio*net income

projected net income=$210.00

dividend payout ratio=40%

Dividends=40%*$210.00

Dividends=$84.00

answer; foreign exchange transaction;

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