Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $67,000; costs =

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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $67,000; costs = $49,200; addition to retained earnings = $3,500: dividends paid = $2,170; interest expense = $1,980; tax rate = 40 percent.

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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 30, 2016 09:29 AM

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Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $67,000; costs =

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Essentials of Corporate Finance

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