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JB Enterprises, Inc. reported the following information for 2007: Sales = $4,700,000 COG = $2,000,000 Operating expenses = $1,500,000 Dividend income = $200,000 Dividends paid
JB Enterprises, Inc. reported the following information for 2007: Sales = $4,700,000 COG = $2,000,000 Operating expenses = $1,500,000 Dividend income = $200,000 Dividends paid = $80,000 (set by step calculation)
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