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The following data are taken from the financial statements of Flint Inc.: Current assets $244,800 Current liabilities 160.000 Dividends declared 16,000 Market price per

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The following data are taken from the financial statements of Flint Inc.: Current assets $244,800 Current liabilities 160.000 Dividends declared 16,000 Market price per share 10 Net sales 250,000 Net income 68,000 Total liabilities 173,026 Total assets 238,000 Weighted average number of common shares 10,000

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