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Micheals corporation expects earnings before interest and taxes to be 41,000 for this period. Assuming an ordinary tax rate of 35% compute the firm's earnings

Micheals corporation expects earnings before interest and taxes to be 41,000 for this period. Assuming an ordinary tax rate of 35% compute the firm's earnings after taxes and earnings available for common stockholders (earnings after taxes and preferred stock dividens, if any) under the following conditions.

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