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Folic Acid Incorporated has $ 2 1 million in earnings, pays $ 3 . 1 million in interest to bondholders, and $ 2 . 0

Folic Acid Incorporated has $

21

million in earnings, pays $

3.1

million in interest to bondholders, and $

2.05

million in dividends to preferred stockholders.

What are the common stockholders

residual claims to earnings?

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