Question
Suppose you are given the following information for Linder Bakery; sales=$30,000; costs= $15,000; addition to retained earnings= $4,000; dividend paid= $500; interest expense=$1,000; tax rate=20
Suppose you are given the following information for Linder Bakery; sales=$30,000; costs= $15,000; addition to retained earnings= $4,000; dividend paid= $500; interest expense=$1,000; tax rate=20 percent. What is the amount of depreciation expense? a. $5,500 b. $7,000 c. $8,375 d. $9,700
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
