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Given the following data (in millions of dollars): gross profit, $900; depreciation expense, $100; preferred stock...

Given the following data (in millions of dollars): gross profit, $900; depreciation expense, $100; preferred stock dividends, $25; cost of goods sold, $400; earnings before interest, taxes, depreciation & amortization, $300; interest expense, $75. Assume a tax rate of 21%. Compute the numerical values of sales revenue, operating expenses, earnings before interest and taxes, and earnings available for the common stockholders.

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jeff jeffy answered 2 years ago
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