Pharrell inc has sales of 585000 costs of 273000, Ask an Expert

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Pharrell, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35 percent. The firm paid out $36,000 in cash dividends.

What is the addition to retained earnings? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Addition to retained earnings $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92666978

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