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Billys Exterminators Inc has sales of $740000 costs of $288000 depreciation expense of $40000 interest expense of $30000 a tax rate of 35 percent and paid out $65000 in cash dividends

Billy’s Exterminators, Inc., has sales of $740,000, costs of $288,000, depreciation expense of $40,000, interest expense of $30,000, a tax rate of 35 percent, and paid out $65,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.)

 

Apr 14 2020 View more View Less

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