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with a net income of 600,000. 1. DALA Corporation has 12,000 shares of preferred stock outstanding with an annual dividend of $4 per share. The

with a net income of 600,000.
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1. DALA Corporation has 12,000 shares of preferred stock outstanding with an annual dividend of $4 per share. The firm also has 100,000 shares of common stock outstanding and follows a 50% payout policy. a.) Calculate the earnings per share and dividends per share for common stockhoiders of Dalia Corporation. b.) What was the increase in retained earnings for the year

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