In 2012 latham steel fabrication has sales of 546000 costs, Ask an Expert

Finance

In 2012, Latham Steel Fabrication has sales of $546,000, costs of $265,000, depreciation expense of $37,000, interest expense of $15,000, and was subject to a tax rate of 32 percent. Latham paid $52,260 in cash dividends. What was the addition to retained earnings? $76,320 $81,700 $95,200 $103,460 $121,680

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91672494

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