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2. Acheron Riverboats LTD has sales of $674 000, costs of $362 000, depreciation expense of $84 000, interest expense of $47 000 and a

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2. Acheron Riverboats LTD has sales of $674 000, costs of $362 000, depreciation expense of $84 000, interest expense of $47 000 and a tax rate of 30%, what is the net income for this firm? Suppose the firm paid out $45 000 in cash dividends. What is the addition to retained earnings

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