Business, 24.09.2020 14:01 clarissa2006

In 2018, Alpha Company had $48,000,000 in Sales/Revenues, $15,500,000 in Costs of Goods Sold (COGS), $3,600,000 in Sales, General, and Administrative (SG&A) expenses, $1,200,000 in Depreciation expenses, $550,000 in interest payment, and $4,125,000 in taxes. The firm also paid $1,900,000 in dividends to shareholders that year. By how much did Alpha Company's Retained Earnings increase in 2018? Group of answer choices $27,150,000 $1,900,000 $21,125,000 $23,025,000

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In 2018, Alpha Company had $48,000,000 in Sales/Revenues, $15,500,000 in Costs of Goods Sold (COGS),...

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