Question: Al 12 3 4 5 6 7 8 A 9 10 11 12 13 14 15 16 17 18 19 20 21 fx E F
Al 12 3 4 5 6 7 8 A 9 10 11 12 13 14 15 16 17 18 19 20 21 fx E F G D H I J K B Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 21 percent. The firm just paid out $95,000 in cash dividends. What is the addition to retained earnings? Sales $ 817,000 Costs 343,000 Depreciation expense 51,000 Interest expense 38,000 Tax rate 21% Cash dividends $ 95,000 Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Depreciation expense Prev 1 of 8 Next > 4 Cash dividends $ 95,000 Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Depreciation expense EBIT Interest expense EBT Taxes (21%) Net income Addition to retained earnings 1 of 8 Next >
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