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53) A firm had the following accounts and financial data for 2005. Sales Revenue I $3,060 Cost of goods sold Accounts receivable 500 Preferred stock
53) A firm had the following accounts and financial data for 2005. Sales Revenue I $3,060 Cost of goods sold Accounts receivable 500 Preferred stock dividends Interest expense Tax rate Total operating expenses 600 Number of common shares Accounts payable outstanding $1,800 4040 1,000 The firm's net profit after taxes for 2005 was
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