Question
You are given the following information for O' Hara Marine Co: sales =$50,000, costs = $ 21800, addition to retained earnings = $ 70,700, dividends
You are given the following information for O' Hara Marine Co: sales =$50,000, costs = $ 21800, addition to retained earnings = $ 70,700, dividends paid = $ 1000, interest expense = $ 4200, tax rate = 35 percent.
Calculate the depreciation expense
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
