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Net income available to common shareholders is:$40,000
What is net income available to common shareholders ?
The net income available to common shareholders means the amount of earnings which of the company from the net income, which exclusively belong to the common shareholders from which common dividends and also retained earnings, since not all earnings belonging to common shareholders are paid as dividends, there is need to retain some and reinvest in the company.
The net income available to common shareholders is the net income of the company minus the preferred stock dividends
net income available to common shareholders=net income-preferred stock dividends
net income=$50,000
preferred stock dividends=$10,000
net income available to common shareholders=$50,000-$10,000
net income available to common shareholders=$40,000
Find out more about net income on:brainly.com/question/15406700
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