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8. • Amexicorp, Inc., a producer of security systems, had sales of $400 million, cost of goods… 1 answer below » 8. • Amexicorp, Inc., a producer of security systems, had sales of $400 million, cost of goods sold of $150 million, operating expenses of $100 million, and interest expense of $100 million. Amexicorp also received $10 million in dividends from other cor- porations in which it had less than a 20 percent ownership stake. During the year, Amexicorp also sold for $20 million assets that is carried on its books at a book value of $17 million. Amexicorp paid preferred stock dividends totaling $10 million during View complete question » 8. • Amexicorp, Inc., a producer of security systems, had sales of $400 million, cost of goods sold of $150 million, operating expenses of $100 million, and interest expense of $100 million. Amexicorp also received $10 million in dividends from other cor- porations in which it had less than a 20 percent ownership stake. During the year, Amexicorp also sold for $20 million assets that is carried on its books at a book value of $17 million. Amexicorp paid preferred stock dividends totaling $10 million during the year. Common stock dividends paid were $5 million. Use the tax rates shown in Table 2A.1. a. What is Amexicorp’s after-tax net income available to common stockholders? ’s after-tax net income available to common b. What would have been Amexicorp stockholders if the assets that were sold had a book value of $25 million? View less » Jan 07 2016 10:51 AM