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What amount of net income is available to common stockholder

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Reference no: EM132083302

Question - Kelley Company reports $1,950,000 of net income for 2015 and declares $273,000 of cash dividends on its preferred stock for 2015. At the end of 2015, the company had 320,000 weighted-average shares of common stock.

1. What amount of net income is available to common stockholders for 2015?

2. What is the company's basic EPS for 2015?

Reference no: EM132083302

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