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What is the net income for the firm

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Shelton, Inc., has sales of $391,000, costs of $179,000, depreciation expense of $44,000, interest expense of $25,000, and a tax rate of 40 percent.(Do not round intermediate calculations.)

What is the net income for the firm?

Suppose the company paid out $34,000 in cash dividends. What is the addition to retained earnings?

Reference no: EM131173254

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What is the net income for the firm : Shelton, Inc., has sales of $391,000, costs of $179,000, depreciation expense of $44,000, interest expense of $25,000, and a tax rate of 40 percent.(Do not round intermediate calculations.) What is the net income for the firm?
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