Given the following information for OHara Marine Co., calculate the depreciation expense: sales = $57,900; costs =

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Given the following information for O’Hara Marine Co., calculate the depreciation expense: sales = $57,900; costs = $28,600; addition to retained earnings = $8,100; dividends paid = $5,200; interest expense = $2,050; tax rate = 35 percent.

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

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

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