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You are given the following information for Sookies Cookies Co.: sales = $51,100; costs = $39,700; addition to retained earnings = $2,850; dividends paid =
You are given the following information for Sookies Cookies Co.: sales = $51,100; costs = $39,700; addition to retained earnings = $2,850; dividends paid = $930; interest expense = $1,570; tax rate = 30 percent. (Enter your answer as directed, but do not round intermediate calculations.) Required: Calculate the net income. Net income $ Required: Calculate the taxable income. Taxable income $ Required: Calculate the EBIT. EBIT $ Required: Calculate the depreciation expense. Depreciation expense $
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