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Draiman, Inc., has sales of $591,000, costs of $267,000, depreciation expense of $68,000, interest expense of $35,000, a
Posted: Sun Jun 05, 2022 7:29 am
by answerhappygod
- Draiman Inc Has Sales Of 591 000 Costs Of 267 000 Depreciation Expense Of 68 000 Interest Expense Of 35 000 A 1 (22.73 KiB) Viewed 34 times
Draiman, Inc., has sales of $591,000, costs of $267,000, depreciation expense of $68,000, interest expense of $35,000, and a tax rate of 30 percent. The firm paid out $39,000 in cash dividends. (Enter your answer as directed, but do not round intermediate calculations.) Required: What is the addition to retained earnings? Addition to retained earnings