Lexington brand has sales of 318400 costs of 199400


Lexington Brand has sales of 318,400, costs of 199,400, depreciation expense of 20,600, interest expense of 1,100, and a tax rate of 34 percent. The firm paid out 16,500 in dividends. What is the addition to retained earnings?

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Financial Management: Lexington brand has sales of 318400 costs of 199400
Reference No:- TGS01176774

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