Gallaghers supply has sales of 387000 and costs of 294500


Gallagher's Supply has sales of $387,000 and costs of $294,500. The depreciation expense is $43,800. Interest paid equals $18,200 and dividends paid equal $6,500. The tax rate is 35 percent. What is the addition to retained earnings?

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Finance Basics: Gallaghers supply has sales of 387000 and costs of 294500
Reference No:- TGS0609017

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