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Papa Roach Exterminators, Inc., has sales of $734,000, costs of $395,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 40
| Papa Roach Exterminators, Inc., has sales of $734,000, costs of $395,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 40 percent. A. What is the net income for the firm? B. What is the addition to retained earnings? Please be sure to break down how you are calculating this! Thank you |
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