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2. A firm has the following accounts and financial data for 2009: Sales revenue $3060, Cost of goods sold $1800, Accounts receivable 500, preferred stock
2. A firm has the following accounts and financial data for 2009: Sales revenue $3060, Cost of goods sold $1800, Accounts receivable 500, preferred stock dividends 10, Interest expense 126, tax rate 40%, Total operating expenses 600, number of shares of common outstanding 1000, Accounts payable 240 What are the firms earnings available to common stockholders in 2009?show work.
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