How much did you make from selling Skims? Eg. 1000 pieces @ $50.00 = $50,000

How much did it cost you to produce the Skims? 1000 pieces @ $20.00 = $2,000

Sales Revenue less Cost of Sales = $50,000 - $20,000 = $30,000

What were your other expenses that weren't included in the cost of producing the goods? Eg. Rent, Salaries, electricity. Let's say this was $10,000.

$30,000 - $10,000 = $20,000

This is any interest that you have paid to the bank for any money you have borrowed. Let's say this amounts to $5,000.

$20,000 - $5,000 = $15,000

This is the tax that you pay on the Profit before tax figure of $15,000. In Australia it is 28%, so $15,000 x 28% = $4,200

$15,000 - $4,200 = $10,800

How much do you want to pay out to the shareholders? And how much do you want to retain in the business to help grow it over time. Let's say you want to pay out $5,000 to the shareholders and retain $5,800 in the business. So, the dividend is $5000.

$10,800 - $5,000 = $5,800