Answered

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Builtrite had earnings before taxes of $2,400,000. Builtrite paid $450,000 in taxes and also paid a common stock dividend of $150,000 and a preferred stock dividend of $200,000.
What are the EACS (earnings available to the common stockholder)?
• $1,750,000
• $1,950,000
• $1,600,000
• $1,800,000

Sagot :

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