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Moores Honey Bees. You have the following information. Net sales - 32,000,000 Gross Profit - 18,700,000 Operating expenses - 2,500,000 Addition to Retained Earnings -
Moores Honey Bees.
You have the following information.
Net sales - 32,000,000
Gross Profit - 18,700,000
Operating expenses - 2,500,000
Addition to Retained Earnings - 4,700,000
Dividends - 2,900,000
Depreciation - 2,800,000
The firms tax rate is 35%. Calculate the cost of goods sold and the interest expense.
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