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Question 5 (10 points): A firm has 80,000 issued and outstanding shares. If the Earning per share is $3.00 and the preferred stock dividends is

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Question 5 (10 points): A firm has 80,000 issued and outstanding shares. If the Earning per share is $3.00 and the preferred stock dividends is 40,000. What is the net profit after taxes

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