Question
Given the following information for Rosato Pizza Co., calculate the depreciation expense: sales = $30,800; costs = $15,000; addition to retained earnings = $4,637; dividends
Given the following information for Rosato Pizza Co., calculate the depreciation expense: sales = $30,800; costs = $15,000; addition to retained earnings = $4,637; dividends paid = $1,159; interest expense = $1,500; tax rate = 37 percent.
Round your answer to the nearest whole dollar amount.
The depreciation expense is $____________
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
