Green Grass, Inc., has sales of $620,000, costs of $204,000, depreciation expense of $32,000, interest expense...

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Green Grass, Inc., has sales of $620,000, costs of $204,000, depreciation expense of $32,000, interest expense of $16,000, and a tax rate of 32 percent. (Do not include the dollar sign ($).) If the firm paid out $59,000 in cash dividends, the addition to retained earnings is $ Your Answer: Green Grass, Inc., has sales of $620,000, costs of $204,000, depreciation expense of $32,000, interest expense of $16,000, and a tax rate of 32 percent. (Do not include the dollar sign ($).) If the firm paid out $59,000 in cash dividends, the addition to retained earnings is $ Your Answer:

Answer rating: 100% (QA)

To calculate the addition to retained earnings you can use the ... View the full answer