Question
1. Suppose you are given the following information for Bayside Bakery: Sales = $30,000; Costs = $15,000; Addition to retained earnings = $4,221; Dividend paid
1. Suppose you are given the following information for Bayside Bakery: Sales = $30,000; Costs = $15,000; Addition to retained earnings = $4,221; Dividend paid = $469; Interest expense = $1,300; Tax rate = 21% What is the amount of the depreciation expense?
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The Bank Credit Analysis Handbook
Authors: Jonathan Golin, Philippe Delhaise
2nd Edition
0470821574, 978-0470821572
