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Use the following information to find dividends paid to common stockholders during 2022. Balance of Retained Earnings, December 31, 2021 $ 25.0 million Plus: Net
Use the following information to find dividends paid to common stockholders during 2022.
| Balance of Retained Earnings, December 31, 2021 | $ 25.0 million | |
|---|---|---|
| Plus: Net Income for 2022 | 65.0 million | |
| Less: Cash Dividends Paid | ||
| Preferred Stock | $ 5.5 million | |
| Common Stock | ?question mark million | |
| Total Cash Dividends Paid | ?question mark million | |
| Balance of Retained Earnings, December 31, 2022 | $ 10.0 million |
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
