Andersen's Nursery has sales of $318,400, costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a tax rate of 35 percent. The Firm paid out $23,400 in dividends. What is the addition to retained earnings? a. $44,141 b. $34,645 c. $37,208 d. $36,909 $40 615

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A: The return on assets is calculated as ratio of net income and average assets.

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Q: None

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A:

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Q: D a. $300,0001 O b. $250,00C

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