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Kelley Company reports $960,000 of net income for 2013 and declares $120,000 of cash dividends on its preferred stock for 2013. At the end of
Kelley Company reports $960,000 of net income for 2013 and declares $120,000 of cash dividends on its preferred stock for 2013. At the end of 2013, the company had 400,000 weighted-average shares of common stock. |
1. | What amount of net income is available to common stockholders for 2013? |
2. | What is the company |
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