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Perine, Inc., has balance sheet equity of $5.2 million. At the same time, the income statement shows net income of $743,600. The company paid dividends

Perine, Inc., has balance sheet equity of $5.2 million. At the same time, the income statement shows net income of $743,600. The company paid dividends of $423,852 and has 130,000 shares of stock outs...

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