Billys Exterminators, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of
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Billy’s Exterminators, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35 percent and paid out $85,000 in cash dividends.
What is the addition to retained earnings?
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Related Book For 
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
Posted Date:
