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Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (40%) Earnings after taxes Less: Preferred stock

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Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (40\%) Earnings after taxes Less: Preferred stock dividends Earnings available to common shareholders Less: Common stock dividends Contribution to retained eamings Giv $19.50 sults of the previous income statement calculations, con - Cold Goose's before interest, taxes, depreciation and amortization ( in Year 2. - It is to say that Cold Goose's net inflows and outfiow: contribution to retained earnings. This is because cash. Given the results of the previous income statement calculations, complete the following statements: - In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to rece in annual dividends. - If Cold Goose has 400,000 shares of common stock lssued and outstanding, then the firm's earnings per share (EPS) is expected to c Year 1 to in Year 2. ore interest, taxes, depredation and amortization (EBIDDA) value changed from in Year 1 to in Year 2. - It is to may that cold dsose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's an contribution to retained earnings. This is because of the item reported in the income statement involve payments and cash

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