Use the following information to find dividends paid to common stockholders during 2018? Balance ofretained eanings, December
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Use the following information to find dividends paid to common stockholders during 2018?
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Balance ofretained eanings, December 31, 201'7 $462m. 15m Plus: Net income for 2018 Less: Cash dividends paid Preferred stock Common stock S1m Total cash dividends paid Balance of retained eamings, December 31, 2018 $470m
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Balance of retained earnings December 31 2017 462m Plus Net income ...View the full answer
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