Question
Papa Roach Exterminators, Inc., has sales of $684,000, costs of $235,000, depreciation expense of $45,000, interest expense of $19,000, and a tax rate of 40
Papa Roach Exterminators, Inc., has sales of $684,000, costs of $235,000, depreciation expense of $45,000, interest expense of $19,000, and a tax rate of 40 percent. If the firm paid out $75,000 in cash dividends. What is the addition to retained earnings? Multiple Choice $140,400 $156,000 $220,000 $201,000 $175,000
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
