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Colorado Rapids, Inc., has sales of $654,000, total costs of $275,000, a depreciation expense of $43,000, and an interest expense of $34,000. The firm's effective
Colorado Rapids, Inc., has sales of $654,000, total costs of $275,000, a depreciation expense of $43,000, and an interest expense of $34,000. The firm's effective tax rate is 35 percent, and the firm paid out $74,000 in cash dividends. What is the addition to retained earnings?
rev: 09_17_2012
$156,300 $110,070 $165,300 $122,300 $199,300
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