Lolgirl5862
Lolgirl5862
08.02.2021 • 
Business

Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions)

Net sales $10,700
Less: Cost of goods sold 8,050
Less: Depreciation 380
Earnings before interest and taxes $2,270
Less: Interest paid 104
Taxable Income $2,166
Less: Taxes 650
Net income $1,516

Required:
What amount should be included in the financing section of the 2010 statement of cash flows for dividends paid?

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