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Business, 14.05.2021 19:00 linreaburg

Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, depreciation was $812, dividends paid were $285, and the interest expense was $103. What was the cost of goods sold if the firm’s tax rate was 35 percent? $20,225 $24,385 $18,290 $14,815 $21,393

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Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative...
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