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Last year, your company had sales of $ 1 1 , 3 9 4 , 7 2 1 . The firm's costs of goods sold
Last year, your company had sales of $ The firm's costs of goods sold amounted to of sales. The firm also paid cash operating expenses of $ and had $ in depreciation expense. The firm had $ in coupon bonds outstanding and paid $ in dividends to its common stockholders. Also, the firm received $ in dividend income from its holdings of other common stocks. Compute the corporation's taxable income ie earnings before taxes. SET YOUR CALCULATOR TO DECIMAL PLACES THEN ROUND TO THE NEAREST WHOLE NUMBER AT THE END. DO NOT ENTER THE $ SIGN SYMBOL...ie if your answer is enter it as
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