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Sales $100,000 Costs $55,000 Depreciation $6,000 Dividend paid $6,000 Retained Earnings Added $16,250 Total Assets $85,000 Equity $45,000 Selling, General and Administrative costs $0 Tax
Sales | $100,000 |
Costs | $55,000 |
Depreciation | $6,000 |
Dividend paid | $6,000 |
Retained Earnings Added | $16,250 |
Total Assets | $85,000 |
Equity | $45,000 |
Selling, General and Administrative costs | $0 |
Tax Rate | 35% |
How much was the interest charge for ABI?
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