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You are given the following information for Sookies Cookies Co.: sales = $51,500; costs = $39,300; addition to retained earnings = $2,900; dividends paid =
You are given the following information for Sookies Cookies Co.: sales = $51,500; costs = $39,300; addition to retained earnings = $2,900; dividends paid = $950; interest expense = $1,530; tax rate = 30 percent. Calculate the net income, taxable income, EBIT, and the depreciation expense
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