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Question 2 0 Income Statement for Bearcat Hathaway, 2 0 2 2 Sales Less Cost of Goods Sold Gross Profit $ 7 , 5 2
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Income Statement for Bearcat Hathaway,
Sales
Less Cost of Goods Sold
Gross Profit
$
Less General & Administrative
Expenses
$
Less Depreciation
$
Earnings Before Interest and Taxes
$
Less Interest Paid
Taxable Income or Earnings Before
$
Taxes
$
Less Taxes Tax Rate
Net Income
$
$
Dividends
$
If dividends paid are $ calculate the addition to retained earnings.
$
$
$
$
$
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