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Business, 21.11.2019 00:31 jhernandez70

Mays, inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. included in the net income was $150,000 of bond interest expense related to its long-term debt. the income tax rate for 2014 was 30%. dividends on preferred stock were $200,000. the payout ratio on common stock was 25%. what were the dividends on common stock in 2014?

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Mays, inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. inclu...
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