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ABC Company reported net income of $50,000 and was required to pay preferred stock dividends of $10,000. Net income available to common shareholders is a.
ABC Company reported net income of $50,000 and was required to pay preferred stock dividends of $10,000. Net income available to common shareholders is
a. $50,000.
b. $30,000.
c. $10,000.
d. $40,000.
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
