If the firm paid out 78000 in cash dividends what is the


Papa Roach Exterminators, Inc., has sales of $694,000, costs of $335,000, depreciation expense of $50,000, interest expense of $23,000, and a tax rate of 35 percent. If the firm paid out $78,000 in cash dividends. What is the addition to retained earnings?

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Financial Management: If the firm paid out 78000 in cash dividends what is the
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