Diploma mills has 38 million in earnings pays 480 million


Diploma Mills has $38 million in earnings, pays $4.80 million in interest to bondholders, and $2.90 million in dividends to preferred stockholders.

What are the common stockholders' residual claims to earnings?

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Finance Basics: Diploma mills has 38 million in earnings pays 480 million
Reference No:- TGS0600015

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