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Business, 17.02.2020 17:14 vale2652

Winston Industries had sales of $843,800 and costs of $609,900. The firm paid $38,200 in interest and $18,000 in dividends. It also increased retained earnings by $62,138 for the year. The depreciation was $76,400. What is the average tax rate? a. 32.83 percent b. 33.33 percent c. 38.17 percent d. 43.39 percent

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Winston Industries had sales of $843,800 and costs of $609,900. The firm paid $38,200 in interest an...
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