What is the tax liability

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Reference no: EM131014575

Venus, Inc, has sales of 2,000,000. The common stockholders received $400,000 in cash dividends and preferred stockholders received $200,000. Interest expenses were $150,000 while operating expenses totaled $600,000, and cost of Goods Sold was $500,000.Dividends were received $200,000 from Serena Corporation. What is the tax liability of Venus, Inc.?

Reference no: EM131014575

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What is the tax liability : Venus, Inc, has sales of 2,000,000. The common stockholders received $400,000 in cash dividends and preferred stockholders received $200,000. Interest expenses were $150,000 while operating expenses totaled $600,000, and cost of Goods Sold was $500,0..

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