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Ned Company Reported the Following Information for Its Fiscal Year

Question 22

Multiple Choice

Ned Company reported the following information for its fiscal year: Ned Company reported the following information for its fiscal year: The preferred dividends listed above include the current year and prior accumulated dividends.What is the amount of net income available to common shareholders? A) $440,000 B) $450,000 C) $470,000 D) $490,000 The preferred dividends listed above include the current year and prior accumulated dividends.What is the amount of net income available to common shareholders?


A) $440,000
B) $450,000
C) $470,000
D) $490,000

Correct Answer:

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