EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
11th Edition
ISBN: 8220102798878
Author: Ross
Publisher: YUZU
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Chapter 2, Problem 15QP

Using Income Statements Given the .following information for O’ Hara Marine Co., calculate the depreciation expense: sales = $44,000; costs = $27,500; addition to retained earnings = $5,200; dividends paid = $1,670; interest expense = $1,850; tax rate = 40 percent.

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EBK CORPORATE FINANCE

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