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Frye inc has sales of 625,000. Costs of goods sold of $260,000, depreciation expense of $79,000 interest expense of $43,000 and an average tax rate
Frye inc has sales of 625,000. Costs of goods sold of $260,000, depreciation expense of $79,000 interest expense of $43,000 and an average tax rate of 35 percent if the firms beginning balance of retained earnings is 200,000 how much is the firms ending balance in retained earnings?
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