Question

A firm has net income of $2,610 and a tax rate of 33 percent. The revenue is $20,400, costs are 78 percent of sales, and interest expense is $100. What is the depreciation expense for the year?

Feb 6, 2017

Related Questions

How do I get the depreciation expense based on this information: sales = $51,700; costs = $39,100; a... Building an Income Statement Papa Roach Exterminators, Inc., has sales of $586,000, costs of $247,0... Suppose the firm in paid out (sales of $586,000, costs of $247,000, depreciation expense of $43,000... Suppose the firm (has sales of $586,000, costs of $247,000, depreciation expense of $43,000, interes...