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You are given the following information for Mobility Research, Inc. (MRI). Sales $200,000 Costs $105,000 SG&A $20,000 Interest $21,000 Dividend paid $9,000 Retained Earnings Added
You are given the following information for Mobility Research, Inc. (MRI).
| Sales | $200,000 |
| Costs | $105,000 |
| SG&A | $20,000 |
| Interest | $21,000 |
| Dividend paid | $9,000 |
| Retained Earnings Added | $21,000 |
| Total Assets | $85,000 |
| Equity | $45,000 |
| Tax Rate | 35% |
| A. | $1,231 |
| B. | $7,846 |
| C. | $20,077 |
| D. | $16,000 |
| E. | $3,769 |
| F. | $11,923 |
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
