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Current Attempt in ProgressWaterway Inc. had net income for the current year ending December 3 1 , 2 0 2 3 of $ 9 5
Current Attempt in ProgressWaterway Inc. had net income for the current year ending December of $ During the entire year, there were common shares outstanding. The company had two classes of preferred shares outstanding: the Class A preferred shares were $ cumulative shares of which were outstanding, and were convertible to common shares at a rate of : There were $ Class B noncumulative preferred shares outstanding that were also convertible at a rate of : Waterway had outstanding a $ bond issued at par in that was convertible to common shares. The company also had outstanding a $ bond issued at par in that was convertible to common shares. No dividends were declared or paid this year. Waterway's tax rate is Determine an incremental per share effect for the Class B preferred shares. Round earnings per share to decimal places, eg tablePotentially dilutive security,tableIncrementalNumerator EffecttableIncrementalDenominator EffectEPSClass B preferred shares,$$
Current Attempt in ProgressWaterway Inc. had net income for the current year ending December of $ During the entire year, there were common shares outstanding. The company had two classes of preferred shares outstanding: the Class A preferred shares were $ cumulative shares of which were outstanding, and were convertible to common shares at a rate of : There were $ Class B noncumulative preferred shares outstanding that were also convertible at a rate of : Waterway had outstanding a $ bond issued at par in that was convertible to common shares. The company also had outstanding a $ bond issued at par in that was convertible to common shares. No dividends were declared or paid this year. Waterway's tax rate is
Determine an incremental per share effect for the Class B preferred shares. Round earnings per share to decimal places, eg
tablePotentially dilutive security,tableIncrementalNumerator EffecttableIncrementalDenominator EffectEPSClass B preferred shares,$$
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