Business
Business, 22.06.2021 20:20, kcain1020

Given the following information for Sookie’s Cookies Co., calculate the depreciation expense: sales = $87,143; costs = $62,695; addition to retained earnings = $1,398; dividends paid = $211; interest expense = $975; tax rate = 27 percent. (Hint: Build the Income Statement and fill in the missing pieces until you get to the depreciation expense. You may have to work from bottom up.)

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Given the following information for Sookie’s Cookies Co., calculate the depreciation expense: sales...

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