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Dog River Company has an operating profit of $250,000. Interest expense for the year was $28,000; preferred dividends paid were $30,000; and common dividends paid

Dog River Company has an operating profit of $250,000. Interest expense for the year was $28,000; preferred dividends paid were $30,000; and common dividends paid were $61,000. The tax was $52,000. Th...

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