Papa Roach Exterminators Inc has sales of 659000 costs of 30

Papa Roach Exterminators, Inc., has sales of $659,000, costs of $305,000, depreciation expense of $53,000, interest expense of $28,000, and a tax rate of 35 percent. If the firm paid out $73,000 in cash dividends. What is the addition to retained earnings? rev: 09_17_2012 $104,450 $185,450 $132,450 $157,450 $94,005

Solution

Answer is $104450