2, Mahesri Excavations added $411 to retained earnings last year on sales of $24,646. The administrative expenses
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2, Mahesri Excavations added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, depreciation
was $812, dividends paid were $285, and the interest expense was $103. What was the cost of goods sold if the total tax rate was 23 percent?
A) $20,225 B) $24,385 C) $18,457 D) $14,815 E) $21,393
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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