What was the amount of the depreciation expense

Assignment Help Financial Accounting
Reference no: EM13829993

Last year Sally's studio added 2,300 to retained earnings from sales of 66,800. the company had costs of 52,300 dividends of 1,000 and interest paid of 900 the tax rate was 34%. What was the amount of the depreciation expense? 

Reference no: EM13829993

Questions Cloud

Demand curve for perfectly competitive firm is horizontal : Why is the demand curve for a monopolist downward sloping, while the demand curve for the perfectly competitive firm is horizontal?
Monopolistically competitive firm is operating in short run : A monopolistically competitive firm is operating in the short run, is operating at the optimal level of output, and is earning positive economic profits. Describe how this industry will adjust in the long run.
Write a summary about the given article by sy montgomery : The problem is about writing a summary on the article by Sy Montgomery's "Deep Intellect: Inside the Mind of the Octopus". The article discusses about the deep rooted intellect in octopuses surprising scientists
Sexual orientation or political affiliation : Many students are surprised to learn that employees may be fired for any reason not expressly prohibited by the law. As we have seen, the law requires employers to accommodate a fairly wide range of employee behaviors and conditions. However, there a..
What was the amount of the depreciation expense : Last year Sally's studio added 2,300 to retained earnings from sales of 66,800. the company had costs of 52,300 dividends of 1,000 and interest paid of 900 the tax rate was 34%. What was the amount of the depreciation expense?
What harmful about oligopoly that warrants an entire body : Why do the United States and many other countries have antitrust laws on the books? What's so harmful about oligopoly that warrants an entire body of law?
Preparing a budget plan : Budget Planning and Control BUY HERE ACC 556 Week 10 Assignment 2 Budget Planning and Control Assignment 2: Budget Planning and Control Due Week 10 and worth 160 points Use the Internet and / or Strayer databases to research budget planning and contr..
Why is the demand curve for a monopolist downward sloping : Why is the demand curve for a monopolist downward sloping, while the demand curve for the perfectly competitive firm is horizontal?
Optimal capital structure after the breakup : When the Bell System was broken up, the old AT&T was split into a new AT&T in addition to seven regional telephone companies. The specific reason for forcing the breakup was to increase the degree of competition in the telephone industry. Do you thin..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd