Calculate the depreciation expense for the


You are given the following information for Sookie’s Cookies Co.: sales = $52,000; costs = $38,800; addition to retained earnings = $2,400; dividends paid = $975; interest expense = $1,480; tax rate = 40 percent. Calculate the depreciation expense for the company.

Depreciation expense  $

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Financial Management: Calculate the depreciation expense for the
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