Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $77,000; costs =
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Question:
Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $77,000; costs = $39,000; addition to retained earnings = $10,800; dividends paid = $2,820; interest expense = $3,150; tax rate = 21 percent. (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, for example, 32.)
Related Book For
Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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