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Q8. Suppose you are given the following information for Panola Bread: Sales Total expense Addition to Retained Earnings Dividends paid Interest Expense Tax Rate

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Q8. Suppose you are given the following information for Panola Bread: Sales Total expense Addition to Retained Earnings Dividends paid Interest Expense Tax Rate 30,000 10,000 4,365 485 1,200 30% What is the amount of the depreciation expense? Sales Costs Depreciation EBIT Interest EBT Tax Rate Taxes Net Income dividends paid add to RE 30%

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