Question
You are given the following information for Sookies Cookies Co.: sales = $51,900; costs = $38,900; addition to retained earnings = $2,950; dividends paid =
| You are given the following information for Sookies Cookies Co.: sales = $51,900; costs = $38,900; addition to retained earnings = $2,950; dividends paid = $970; interest expense = $1,490; tax rate = 30 percent.(Enter your answer as directed, but do not round intermediate calculations.) |
| Required: |
| Calculate the depreciation expense. |
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International Finance A Survey
Authors: H. Kent Baker, Leigh A. Riddick
1st Edition
0199754659, 978-0199754656
