Breads 'R Us had sales of $55,000 last year.Their total costs were $20,000, and the depreciation charge
Fantastic news! We've Found the answer you've been seeking!
Question:
Breads 'R Us had sales of $55,000 last year.Their total costs were $20,000, and the depreciation charge was $3,000.They have 1,640 shares outstanding and paid dividend of $3 per share after keeping 70 percent of the net income as retained earnings.If they paid 40 percent in taxes, how much was the interest expense?
Posted Date: