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What amount of net income is available to common stockholder

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Reference no: EM132961013

Kelley Company reports $1,525,000 of net income for 2017 and declares $213,500 of cash dividends on its preferred stock for 2017. At the end of 2017, the company had 280,000 weighted-average shares of common stock.

Problem 1. What amount of net income is available to common stockholders for 2017?

Problem 2. What is the company's basic EPS for 2017?

Reference no: EM132961013

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