Home / Expert Answers / Finance / sidewinder-inc-has-sales-of-654-000-costs-of-333-000-depreciation-expense-of-78-000-interes-pa160

(Solved): Sidewinder, Inc., has sales of $654,000, costs of $333,000, depreciation expense of $78,000, interes ...



Sidewinder, Inc., has sales of

$654,000

, costs of

$333,000

, depreciation expense of

$78,000

, interest expense of

$43,000

, and a tax rate of 25 percent. The firm paid out

$73,000

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

student submitted image, transcription available below


We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe