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Brief Exercise 4-8 In 2014, Hollis Corporation reported net income of $1,081,000. It declared and paid preferred stock dividends of $271,800. During 2014, Hollis had

Brief Exercise 4-8

In 2014, Hollis Corporation reported net income of $1,081,000. It declared and paid preferred stock dividends of $271,800. During 2014, Hollis had a weighted average of 207,100 common shares outstanding. Compute Hollis

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