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The sales of Carter Company for 2008 were $10,980, their cost of goods sold was $8,100, depreciation totaled $1,440, interest expense equaled $180 and their

The sales of Carter Company for 2008 were $10,980, their cost of goods sold was $8,100, depreciation totaled $1,440, interest expense equaled $180 and their dividends paid were $270. At the start of 2008, net fixed assets equaled $7,200, current assets were $1,800 and current liabilities were $1,350. At the end of 2008, Carter

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