What was the cost of goods sold for firms tax rate

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Problem : Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, depreciation was $812, dividends paid were $285, and the interest expense was $103.

Question 1: What was the cost of goods sold if the firm's tax rate was 35 percent?

Reference no: EM132468883

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