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SHOW ALL WORK IN DETAILS: The Corner Store paid $46 in dividends and $120 in interest expense during the year. The addition to retained earnings
SHOW ALL WORK IN DETAILS: The Corner Store paid $46 in dividends and $120 in interest expense during the year. The addition to retained earnings is $142 and net new equity is $50. The tax rate is 20 percent. Sales are $2,400 and depreciation is $140. What are the earnings before interest and taxes?
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