Given the following information for OHara Marine Co calculate the depreciation expense sales $51000costs $21 700 addition to retained earnings $10 250 dividends paid $800 interest
Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $51,000; costs = $21, 700: addition to retained earnings = $10, 250: dividends paid = $800: interest expense = $4, 100; tax rate = 35 percent. (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.)
Apr 05 2020 View more View Less
Answer (Solved)
Subscribe To Get Solution
Related Questions
-
What is the monopolists's profit under the following condition
What is the monopolists's profit under the following condition? The profit maximising price charged for goods produced is $14. The intersecion of the marginal revenue cur...
Jun 05 2018
-
Interfast Corporation a fastener manufacturer has recently been expanding its sales through exports to foreign markets Earlier this year the company negotiated the sale of several thousand cases
Interfast Corporation, a fastener manufacturer, has recently been expanding its sales through exports to foreign markets. Earlier this year, the company negotiated the sa...
Aug 13 2020
-
Assume that a large number of workers no longer depend on fixed labor contracts but instea
Assume that a large number of workers no longer depend on fixed labor contracts but instead tie their wages to cost of living adjustments. Other things equal, this implie...
Dec 16 2019
-
On March 1 Mr and Mrs Trent formed Trent Properties Inc through which to operate a real estate management business Both Mr and Mrs Trent worked full-time for modest but reasonable
On March 1, Mr. and Mrs. Trent formed Trent Properties Inc. through which to operate a real estate management business. Both Mr. and Mrs. Trent worked full-time for modes...
Apr 01 2020
-
Steam in a heating system flows through tubes whose outer diameter is 5 cm and whose walls are maintained at a temperature of 180°C Circular aluminum alloy 2024-T6 fins
Steam in a heating system flows through tubes whose outer diameter is 5 cm and whose walls are maintained at a temperature of 180°C. Circular aluminum alloy 2024-T6 fins ...
Jul 21 2020
-
Two-Stage ABC for Manufacturing Assume Sherwin-Williams Company, a large paint manufacturer, has determined the following activity cost pools and cost driver levels for the latest period: Activity
Two-Stage ABC for Manufacturing
Assume Sherwin-Williams Company, a large paint manufacturer, has determined the following activity cost pools and cost driver levels for ...
Jun 15 2021
-
How the HR department aims to keeps the balance between the employer and employees. atleast 1000 words
How the HR department aims to keeps the balance between the employer and employees. atleast 1000 words
Apr 25 2021
-
3. Consider the function h(x) = a(-2x + 1)5 - b, where a = 0 and b = 0 are constants. A. Find h'(x) and h"(x). (6 points) B. Show that his monotonic (that is, that either h always increases or remains
3. Consider the function h(x) = a(-2x + 1)5 - b, where a = 0 and b = 0 are constants. A. Find h'(x) and h"(x). (6 points) B. Show that his monotonic (that is, that either...
May 11 2021
-
Show the case of a binding price ceiling graphically. Does a binding price ceiling create a shortage or surplus of a good in its market? Define the term price floor. Explain why minimum wage
Show the case of a binding price ceiling graphically. Does a binding price ceiling create a shortage or surplus of a good in its market?Define the term price floo...
Apr 12 2021
-
What is supply-side market failure?
What is supply-side market failure?
Apr 26 2021