Question
You are given the following information for Bowie Pizza Co.: Sales = $69,000; Costs = $31,700; Addition to retained earnings = $6,200; Dividends paid =
You are given the following information for Bowie Pizza Co.: Sales = $69,000; Costs = $31,700; Addition to retained earnings = $6,200; Dividends paid = $2,130; Interest expense = $4,900; Tax rate = 25 percent. Calculate the depreciation expense. (Do not round intermediate calculations.)
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
