Question
= = You are given the following information for Troiano Pizza Company: Sales $76,000; Costs $33,100; Addition to retained earnings = $6,900; Dividends paid
= = You are given the following information for Troiano Pizza Company: Sales $76,000; Costs $33,100; Addition to retained earnings = $6,900; Dividends paid = $2,340; Interest expense $5,600; Tax rate 22 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) = Depreciation expense
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
