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In this section, you need to show the basic calculation(s) that you use to arrive at an answer. Also, be sure your final answer is
In this section, you need to show the basic calculation(s) that you use to arrive at an answer. Also, be sure your final answer is clearly labeled/identified. Question 25 (6 points) Andersen's Nursery has sales of $318,400, cash operating costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a tax rate of 35 percent. They have current liabilities of $32,800 and current assets of $51,970. The firm paid out $23,400 in dividends. What is net income for the firm? What is the addition to retained earnings? (Show your work!) A 10 C Paragraph BIU - I AJ KO
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