Given the following information for Bowie Pizza Co., calculate the depreciation expense: Sales = $64,000; Costs =

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Given the following information for Bowie Pizza Co., calculate the depreciation expense: Sales = $64,000; Costs = $30,700; Addition to retained earnings = $5,700; Dividends paid = $1,980; Interest expense = $4,400; Tax rate = 22 percent.

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Question Posted: Jul 12, 2019 02:43 PM

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Given the following information for Bowie Pizza Co., calculate the depreciation expense: Sales = $64,000; Costs =

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Fundamentals of Corporate Finance

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