What is the addition to retained earnings

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A) Papa Roach Exterminators, Inc., has sales of $734,000, costs of $345,000, depreciation expense of $41,000, interest expense of $24,000, and a tax rate of 35 percent. What is the net income for firm?

B) Papa Roach Exterminators, Inc., has sales of $679,000, costs of $315,000, depreciation expense of $47,000, interest expense of $28,000, and a tax rate of 30 percent. If the firm paid out $79,000 in cash dividends. What is the addition to retained earnings?

C) Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.6 million, and the 2009 balance sheet showed net fixed assets of $5.6 million. The company's 2009 income statement showed a depreciation expense of $965,000. What was net capital spending for 2009?

D) The 2008 balance sheet of Saddle Creek, Inc., showed current assets of $1,410 and current liabilities of $900. The 2009 balance sheet showed current assets of $1,680 and current liabilities of $1,040. What was the company's 2009 change in net working capital, or NWC?

Reference no: EM132073947

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