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You are given the following information for Troiano Pizza Company: sales = $77,300; costs = $38,000; addition to retained earnings = $6,850; dividends paid =
You are given the following information for Troiano Pizza Company: sales = $77,300; costs = $38,000; addition to retained earnings = $6,850; dividends paid = $2,410; interest expense = $5,380; tax rate = 22 percent.
Calculate the net income.
Calculate the taxable income.
Calculate the EBIT.
Calculate the depreciation expense.
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