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Folic Acid Inc. has $31 million in earnings, pays $4.1 million in interest to bondholders, and $2.55 million in dividends to preferred stockholders. What are
Folic Acid Inc. has $31 million in earnings, pays $4.1 million in interest to bondholders, and $2.55 million in dividends to preferred stockholders. What are the common stockholders residual claims to earnings?
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