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. Venon Ltd, a manufacturer, reported net income for Year 6 of K160 000 on sales of K435 000. It declared preferred dividends of K27.5.

. Venon Ltd, a manufacturer, reported net income for Year 6 of K160 000 on sales of K435 000. It declared preferred dividends of K27.5. Preferred shareholders' equity totaled K250 000 at both the begi...

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