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whats the answer for #11? In 2022, XYZ Inc. had sales of $36.1 million, costs of goods sold of $17.4 million, Sales, General and Administrative
whats the answer for #11?
In 2022, XYZ Inc. had sales of $36.1 million, costs of goods sold of $17.4 million, Sales, General and Administrative (SG\&A) expenses of $8 million, Depreciation expenses of $5.9 million, Interest expenses of $800,000, Tax expenses of $778,500, Dividend Payments of $500,000, total debt of $15 million, and total assets of $26 million. Calculate XYZ Inc's Average Tax Rate as of 2022. 19.46% 18.53% 21.22% 17.35% Question 11 2.5 pts Same facts as above: how much did Alpha Company's Retained Earnings increase in 2022? $4,000,000 $3,221,500 $2.721,500 $3,872,950 Step by Step Solution
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