I just need help with the bottom two :
1. less: preferred stock dividends
2. earnings available for common stockholders
Common-size statement analysis A common-size income statement for Creek Enterprises 2018 operations follows Using the firm's 2019 income statement develop the statement and compare it to the 2018statement. Which areas require further analysis and investigation? Depreciation expense Operating profits 10.08 6.15 0.53 33 20.06 9.94% 6.74% 1.41 5.33 % 124% 64 03 36 ******** 11.4% Statements and Data table Question 21 P3-19 Isimilar tol SICER LINCiprate more latemicnic TOT DIE Sales revenue ($34,975,000) Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders Print ar Lucu DeGenDCI JT, ZUTO 2 Done 12.4% 6.4 0.3 3.6 HW Score: 131 100.0 % 65.9 34.1 % 22.7 11.4 % 1.8 9.6 % 2.0 7.6% 0.2 7.4% - X I Statements and er Data table into a spreadsheet.) Creek Enterprises Income Statement for the Year Ended December 31, 2019 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Question 21 P3-19 (similar tol Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Print $3,022,000 1,843,000 Done 159,000 989,000 HW Score: 73 68% 29 $29,978,000 20,985,000 $8,993,000 6,013,000 $2,980,000 961,000 $2,019,000 423,990 $1,595,010 X A com 8stater ses Data table Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders Print Done $3,022,000 1,843,000 159,000 989,000 4 $29,978,000 20,985,000 $8,993,000 6,013,000 $2,980,000 961,000 $2,019,000 423,990 $1,595,010 108,000 $1,487,010 I x Flear