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Question: Billy's Exterminators, Inc., has sales of $646,000, costs of $286,000, depreciation expense of $38,000, interest expense of $29,000, a tax rate of 35 percent, and paid out $64,000 in cash dividends.

What is the addition to retained earnings? (Do not round intermediate calculations.)

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  • Category:- Basic Finance
  • Reference No.:- M92784405

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