Question
JKL Corp added $9,400 to retained earnings last year from sales of $434,000. The company had costs of $188,500, dividends of $4,820, and interest paid
JKL Corp added $9,400 to retained earnings last year from sales of $434,000. The company had costs of $188,500, dividends of $4,820, and interest paid of $9,000. Given a tax rate of 21%, what was the amount of depreciation expense?
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Dividend Investing Playbook
Authors: Aziz Anderson
1st Edition
1089587228, 978-1089587224
