You are given the following information for Troiano Pizza Company: Sales = $82,000; Costs $34,300; Addition to retained earnings = $7,500; Dividends paid = $2,520; Interest expense = $6,200; Tax rate= 23 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) =

a. Know: Identify the three major financial statements. b. Understand: Company B has assets totaling $100,000, but liabilities of $70,000. Calculate Company B's owner's equity? c. Apply: In 2022, Company A had net sales of $465,000, cost of goods sold at $260,000, total operating expenses at 100,000 with taxes of 16,000. In 2022, Company B hadnet sales of 440,000, cost of goods sold at $247,000 total operating expenses at 40,000 with taxes of 12,000. Write three sentences or more in which you calculate and compare the bottom line of two companies.

During August, 2022, Sheffield's Supply Store generated revenues of $60100. The company's expenses were as follows: cost of goods sold of $35000 and operating expenses of $4200. The company also had rent revenue of $1100 and a gain on the sale of a delivery truck of $2100. Sheffield's net income for August, 2022 is O $25100. O $24100. O $20900. O $22000. Save for Later Attempts: 0 of 1 used Submit Answer

Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 110000 Useful life in years = 4 Residual value 8000 %3D Date purchased = March 1 What is the depreciation expense per year? What is the depreciation expense per month? What is the depreciation expense in the year of purchase?