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You have been given the following information for Moore's HoneyBee Corporation: a. Net sales =$40,000,000. b. Gross profit =$19,000,000. c. Other operating expenses =$3,000,000. d.

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You have been given the following information for Moore's HoneyBee Corporation: a. Net sales =$40,000,000. b. Gross profit =$19,000,000. c. Other operating expenses =$3,000,000. d. Addition to retained earnings =$7,612,000. e. Dividends paid to preferred and common stockholders =$2,500,000. f. Depreciation expense =$2,910,000. The firm's tax rate is 21 percent. The firm's interest expense is all tax deductible. Calculate the cost of goods sold and the interest expense for Moore's HoneyBee Corporatio Note: Round your answers to the nearest dollar amount. You have been given the following information for Moore's HoneyBee Corporation: a. Net sales =$40,000,000. b. Gross profit =$19,000,000. c. Other operating expenses =$3,000,000. d. Addition to retained earnings =$7,612,000. e. Dividends paid to preferred and common stockholders =$2,500,000. f. Depreciation expense =$2,910,000. The firm's tax rate is 21 percent. The firm's interest expense is all tax deductible. Calculate the cost of goods sold and the interest expense for Moore's HoneyBee Corporatio Note: Round your answers to the nearest dollar amount

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