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Finance

Billy’s Exterminators, Inc., has sales of $589,000, costs of $278,000, depreciation expense of $30,000, interest expense of $25,000, a tax rate of 35 percent, and paid out $60,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings $

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Financial Management, Finance

Category:- Financial Management
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