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P2-3 Dividends and Retained Earnings [LO1] 10 Papa Roach Exterminators, Inc., has sales of $654,000, costs of $245,000, depreciation expense of $44,000, interest expense of
P2-3 Dividends and Retained Earnings [LO1] 10 Papa Roach Exterminators, Inc., has sales of $654,000, costs of $245,000, depreciation expense of $44,000, interest expense of $25,000, and a tax rate of 30 percent. If the firm paid out $80,000 in cash dividends. What is the addition to retained earnings? 1 points Multiple Choice eBook References $202,000 $227,000 $183,000 $158,000 $142,200
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