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Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $81,000; Costs = $40,800; Addition to retained earnings = $11,800; Dividends
Given the following information for Troiano Pizza Company, calculate the depreciation expense: Sales = $81,000; Costs = $40,800; Addition to retained earnings = $11,800; Dividends paid = $3,020; Interest expense = $3,350; Tax rate = 23 percent. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
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