Upton Industries has revenue of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold
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Upton Industries has revenue of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold of $23,704, dividends paid of $1,200, and administrative expenses of $7,040. Suppose the tax rate is 22%. What is the addition to retained earnings?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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