Question
Pharrell, Inc., has sales of $601,000, costs of $257,000, depreciation expense of $30,000, and a tax rate of 35 percent. The firm paid out $44,000
Pharrell, Inc., has sales of $601,000, costs of $257,000, depreciation expense of $30,000, and a tax rate of 35 percent. The firm paid out $44,000 in cash dividends.
What is the addition to retained earnings?
Addition to retained earnings $-------
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Competing On Analytics The New Science Of Winning
Authors: Thomas H Davenport, Jeanne G Harris, Gary Loveman
1st Edition
1422103323, 9781422103326
