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Compute diluted EPS: 80,000 common shares outstanding on January 1 100,000 common shares outstanding on December 31 .Net Income is $30,000 Preferred Dividends are
Compute diluted EPS: 80,000 common shares outstanding on January 1 100,000 common shares outstanding on December 31 .Net Income is $30,000 Preferred Dividends are $4,000 Convertible preferred can convert into 28,400 shares Tax rate is 25% O $0.25 O $0.24 O $0.27 O $0.28 O $0.29
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
