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yanalaym [24]
3 years ago
13

MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings

was $11,530. The firm paid interest of $7,711 and dividends of $7,500. The tax rate was 33 percent. What was the amount of the costs incurred by the company?
Business
1 answer:
sergiy2304 [10]3 years ago
3 0

Answer:

The costs incurred by the company is the same as the costs of good sold  of the company-MNM&Co ,last year.

The costs of good sold=$830,556.01

Explanation:

The detailed computation is found in the excel file attached.

Download xlsx
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