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1) A firm has the following accounts and financial data for 2014: Sales revenue Accounts receivable Interest expense Total operating expenses Accounts payable $3,000 500

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1) A firm has the following accounts and financial data for 2014: Sales revenue Accounts receivable Interest expense Total operating expenses Accounts payable $3,000 500 120 620 240 Cost of goods sold Preferred stock dividends Tax rate Number of shares of common stocks outstanding $1,740 18 40% 1,000 The firm's earnings available to common shareholders for 2014 is

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