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Brandon Fast Foods Inc. has operating profit of $230,000. The company has 25,000 common shares outstanding and paid corporate taxes of $51,600. Interest expense for

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Brandon Fast Foods Inc. has operating profit of $230,000. The company has 25,000 common shares outstanding and paid corporate taxes of $51,600. Interest expense for the year was $45,000, preferred dividends paid were $29,000, and common dividends paid were $33,000 a. Compute EPS and common dividends per share. (Round the final answers to 2 decimal places.) Earnings per share Common dividends per share b. Calculate the increase in retained earnings for the year Increase in retained earnings

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