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Use the following information to find dividends paid to common stockholders during 2018. Balance of retained earnings, Dec. 31, 2017 $462m Plus: Net Income for
Use the following information to find dividends paid to common stockholders during 2018.
| Balance of retained earnings, Dec. 31, 2017 | $462m | |
| Plus: Net Income for 2018 | 15m | |
| Less: Cash Dividends Paid | ||
| Preferred Stock | $1m | |
| Common Stock | ? | |
| Total cash dividends paid | $? | |
| Balance of retained earnings, Dec. 31, 2018 | $470m |
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
