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llet working capl -65. Blackops Inc. Has sales of $5,000,000; its cost of goods sold is $1,500,000; Blackops' return on equity is 8%; the firm's
llet working capl -65. Blackops Inc. Has sales of $5,000,000; its cost of goods sold is $1,500,000; Blackops' return on equity is 8%; the firm's total operating expenses are $800,000, its interest expense is $250,000, and the corporate tax rate is 40%. Blackops paid dividends to preferred stockholders of $40,000 and to common stockholders of $60,000. What is Blackops addition to retained earnings
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