Question 9 0 The Alpha Company began the year with a retained earnings balance of The EBIT of the firm is The Net Income available to common stockholders is It paid its preferred stockholders The Ending Balance of Retained Earnings is The firm had outstanding common shares of The firm had outstanding preferred shares of 928,000 425,000 377,000 47,000 1,048,000 140,000 75,000 The annual dividends paid out to common stockholders is Answers: 246,000 a. b. 257,000 C. 305,000 d. 265,489