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A firm had the following accounts and financial data for 2019: $3,060 $1,800 Sales revenue Cost of goods sold 500 Accounts receivable Preferred stock dividends
A firm had the following accounts and financial data for 2019: $3,060 $1,800 Sales revenue Cost of goods sold 500 Accounts receivable Preferred stock dividends 18 Interest expense 126 Tax rate 40% Total operating expenses 600 Number of common shares 1,000 Accounts payable 240 outstanding The firm's net profit after taxes for 2019 is . $206.25 B. $213.80 C. $320.40 D. -$206.40
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