Question
You are given the following information for Bowie Pizza Co.: Sales = $67,000; Costs = $31,300; Addition to retained earnings = $6,000; Dividends paid =
You are given the following information for Bowie Pizza Co.: Sales = $67,000; Costs = $31,300; Addition to retained earnings = $6,000; Dividends paid = $2,070; Interest expense = $4,700; Tax rate = 23 percent. Calculate the depreciation expense.
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
