Given the following information for Rosato Pizza Co., calculate the depreciation expense: Sales = $41,000; Costs =

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Given the following information for Rosato Pizza Co., calculate the depreciation expense:

Sales = $41,000;

Costs = $19,500;

Addition to retained earnings = $5,100;

Dividends paid = $1,500;

Interest expense = $4,500;

Tax rate = 35 percent.





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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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