Question: I just need the bottom two answers :) 1. less: preferred stock dividends 2. earnings available for common stockholders Selling expense General and administrative expenses



Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders 10.08 % 6.15 0.53 3.3 20.06 9.94 % 3.2 6.74 % 1.41 5.33 % % 12.4% 6.4 0.3 3.6 22.7 11.4 % 1.8 9.6 % 2.0 7.6% 0.2 7.4% Common-site statement analysis A common-size income statement for Creek Enterprises 2018 operations follows. Using the firm's 2019 income statement develop the 2019 common-size income statement and compare to the 2018statement Which armas require further analysis and investigation? C Data table Sales revenue ($34,975,000) Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders Print Done 12.4 % 6.4 0.3 3.6 100.0 % 65.9 34.1 % 22.7 11.4 % 1.8 9.6 % 2.0 7.6 % 0.2 7.4% Data table Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate=21%) Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders Print Done $3,022,000 1,843,000 159,000 989,000 $29,978,000 20,985,000 $8,993,000 6,013,000 $2,980,000 961,000 $2,019,000 423,990 $1,595,010 108,000 $1,487,010
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