Has sales of $601,000, costs of $257,000, depreciation expense of $63,000, interest expense of $30,000, and a tax rate of 35 percent. the firm paid out $44,000 in cash dividends and has 56,000 shares of

Has sales of $601,000, costs of $257,000, depreciation expense of $63,000, interest expense of $30,000, and a tax rate of 35 percent. the firm paid out $44,000 in cash dividends and has 56,000 shares of common stock outstanding.

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Has sales of $601,000, costs of $257,000, depreciation expense of $63,000, interest expense of $30,000, and a tax rate of 35 percent. the firm paid out $44,000 in cash dividends…

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