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ABC Company purchased 6,000 shares of XYZ Inc. which brings the total outstanding shares to 20,000. XYZ Inc. reports net income at $300,000 and declared

ABC Company purchased 6,000 shares of XYZ Inc. which brings the total outstanding shares to 20,000. XYZ Inc. reports net income at $300,000 and declared and paid dividends of $20,000. What is the Net ...

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