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Need help with the income statement for Bowie Pizza Co., calculate the depreciation expense: Sales = $64,000; Costs = $30,700; Addition to retained earnings =
Need help with the income statement for Bowie Pizza Co., calculate the depreciation expense: Sales = $64,000; Costs = $30,700; Addition to retained earnings = $5,700; Dividends paid = $1,980; Interest expense = $4,400; Tax rate = 22 percent. Income Statement Sales $ 64,000 Costs 30,700 Depreciation expense $ 15,774 EBIT Interest expense 4,400 EBT Taxes Net income $ 7,680 Dividends Addition to retained earnings
Need help with the income statement
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