Sidewinder, Inc., has sales of $686,723, costs of $335,000, depreciation expense of $80,000, interest expense of $45,000, and a tax rate of 22 percent. The firm paid out $81,093 in cash dividends. What is the addition to retained earnings
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A company has sales of $1,250,000, cost of goods sold of $750,000, depreciation expenses of $250,000 and interest expenses of $55,000. If the company's tax rate is 34%, what is this firm's net profit?
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