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You are given the following information for Troiano Pizza Company: Sales = $82,700; Costs = $38,900; Addition to retained earnings = $7,300; Dividends paid =
You are given the following information for Troiano Pizza Company: Sales = $82,700; Costs = $38,900; Addition to retained earnings = $7,300; Dividends paid = $2,770; Interest expense = $6,100; Tax rate = 25 percent.
Calculate net income
Calculate taxable income
calculate the EBIT
Calculate the depreciation expense
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