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For the Year anded December 2014. Alaska company reported net income of $ 2.800 on revenues of $ 56,000 worst expense totaled $ 400, while
For the Year anded December 2014. Alaska company reported net income of $ 2.800 on revenues of $ 56,000 worst expense totaled $ 400, while preferred stock dividends totaled $ 100. Average for 2014 were $ 17500. The income a s 35 % Average preferred shareholders' equity totaled $ 2.000, and average common shareholders'equilty totaled $ 6.500 Calculate the amount of net income to common shareholders derived from the excess retum on preferred shareholders' capital $340.7 52086 $2002
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