Question
You are given the following information for Sookies Cookies Co.: sales = $52,000; costs = $38,800; addition to retained earnings = $2,400; dividends paid =
You are given the following information for Sookies Cookies Co.: sales = $52,000; costs = $38,800; addition to retained earnings = $2,400; dividends paid = $975; interest expense = $1,480; tax rate = 40 percent.(Enter your answer as directed, but do not round intermediate calculations.)
| Required: |
| Calculate the depreciation expense |
| Required: |
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
5th edition
132567237, 978-0132998345, 132998343, 978-0132567237
