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Question 2 (8 pts.) The Mara Corporation: Net sales $4,507 Cost of goods sold $2,633 Depreciation $952 Interest paid $196 . Taxes: 35% . Dividends=

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Question 2 (8 pts.) The Mara Corporation: Net sales $4,507 Cost of goods sold $2,633 Depreciation $952 Interest paid $196 . Taxes": 35% . Dividends= $250 Requirements: Construct income statement. . Calculate earnings before interest and taxes. . Calculate taxable income. Calculate taxes at 35% .Calculate net income. Calculate addition to retained earnings. Calculate earnings per share (200 million shares outstanding). Calculate dividend per share

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