Given the following information for OHara Marine Co., calculate the depreciation expense: sales = $69,480; costs =

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Given the following information for O’Hara Marine Co., calculate the depreciation expense: sales = $69,480; costs = $34,320; addition to retained earnings = $9,420; dividends paid = $6,240; interest expense = $2,460; tax rate = 21 percent.

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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