Question
You are given the following information for Bowie Pizza Company. Sales 72,000; Costs 32300; Addition to retained earnings 6500; Dividends Paid 2220; interest expense 5200;
You are given the following information for Bowie Pizza Company. Sales 72,000; Costs 32300; Addition to retained earnings 6500; Dividends Paid 2220; interest expense 5200; tax rate 23%. Calculate depreciation expense. (I have come up with 33575, 45824, 28375 and none are correct)
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
