Solution-Addition to retained earnings

Addition to retained earnings

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Reference no: EM131360263

MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings was $11,530. The firm paid interest of $7,711 and dividends of $7,500. The tax rate was 33 percent. What was the amount of the costs incurred by the company?

Reference no: EM131360263

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Addition to retained earnings : MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings was $11,530. The firm paid interest of $7,711 and dividends of $7,500. The tax rate was 33 percent. What was the amount of ..

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Addition to retained earnings

Reference no: EM131360263

Reference no: EM131360263

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