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BE16-12 Rockland Corporation earned net income of R$300,000 in 2015 and had 100,000 ordinary shares outstanding throughout the year. Also outstanding all year was R$800,000

BE16-12 Rockland Corporation earned net income of R$300,000 in 2015 and had 100,000 ordinary shares outstanding throughout the year. Also outstanding all year was R$800,000 of 10% bonds, which are con...

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