Question: 3:03 X docs.google.com .. * LA 4 XYZ company ended 2018 with a net profit before taxes of $220,000. The company is subject to a

 3:03 X docs.google.com .. * LA 4 XYZ company ended 2018

3:03 X docs.google.com .. * LA 4 XYZ company ended 2018 with a net profit before taxes of $220,000. The company is subject to a 30% tax rate and must pay $30,000 in preferred stock dividends before distributing any earnings on the 85,000 common shares. if the firm paid common stock dividends of $0.80 per share, how many dollars would go * ?to retained earnings 154,000 O 56,000 124,000 98,000 * financial service

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