
Business, 30.11.2019 05:50 bigboyethanlanp2s9lm
Kelley company reports $1,500,000 of net income and declares $210,000 of cash dividends on its preferred stock for the year 2013. at year-end, the company had 340,000 weighted-average shares of common stock.
a. what amount of net income is available to common stockholders for 2013?
b. what is the company's basic eps for 2013? round your answer to the nearest whole cent.

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Kelley company reports $1,500,000 of net income and declares $210,000 of cash dividends on its prefe...
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