Explain what is the addition to retained earnings

Reference no: EM131945814

Question: Billy's Exterminators, Inc., has sales of $740,000, costs of $288,000, depreciation expense of $40,000, interest expense of $30,000, a tax rate of 35 percent, and paid out $65,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.)

Reference no: EM131945814

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