What is addition to retained earnings

Assignment Help Financial Management

Reference no: EM131835033

1. Pharrell, Inc., has sales of $600,000, costs of $258,000, depreciation expense of $63,500, interest expense of $30,500, and a tax rate of 40 percent. The firm paid out $43,500 in cash dividends. What is the addition to retained earnings?

2. How do joint ventures and strategic alliances differ from mergers and acquisitions?

Reference no: EM131835033

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