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dicenta corporation reported net income of $270000 and had 50000 shares of common stock outstanding throughout the year. also outstanding all year were 5000 shares

dicenta corporation reported net income of $270000 and had 50000 shares of common stock outstanding throughout the year. also outstanding all year were 5000 shares of cumulative preferred stock, each convertible into 2 shares of common. the preferred stock pays an annual dividend of $5 per share. dicenta's tax rate is 20%

compute dicenta 2025 diluted earnings per share

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