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Business, 30.06.2021 03:20 kellynadine02

You are given the following information for Ted’s Dread Co.: sales = $68,500; costs = $51,700; addition to retained earnings = $4,500; dividends paid = $2,420; interest expense = $2,130; tax rate = 21 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)

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You are given the following information for Ted’s Dread Co.: sales = $68,500; costs = $51,700; addit...
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