Folic acid inc has 20 million in earnings pays 275 million, Financial Management

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Folic acid inc has 20 million in earnings pays 275 million

Folic acid inc. has $20 million in earnings pays $2.75 million in interest to bondholders and $1.80 million in dividends to preferred stockholders. a) What are the common stockholders residual claims to earnings? b) What are the common stockholders legal, enforceable claims to dividends?

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Financial Management: Folic acid inc has 20 million in earnings pays 275 million

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Financial Management: Folic acid inc has 20 million in earnings pays 275 million

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