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Papa Roach Exterminators, Inc., has sales of $689,000, costs of $335,000, depreciation expense of $39,000, interest expense of $26,000, and a tax rate of 40
Papa Roach Exterminators, Inc., has sales of $689,000, costs of $335,000, depreciation expense of $39,000, interest expense of $26,000, and a tax rate of 40 percent. If the firm paid out $71,000 in cash dividends. What is the addition to retained earnings? Multiple Choice $92,160 $167,400 $102,400 $141,400 $128,400
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