FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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You are given the following information for Ted's Dread Co.:
Sales
Costs
$83,800
$58,500
Addition to retained earnings $7,900
Dividends paid
Interest expense
$3,440
$3,150
22 percent
Tax rate
Calculate the depreciation expense for the company.
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Transcribed Image Text:You are given the following information for Ted's Dread Co.: Sales Costs $83,800 $58,500 Addition to retained earnings $7,900 Dividends paid Interest expense $3,440 $3,150 22 percent Tax rate Calculate the depreciation expense for the company.
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