Question
During 2016, Flossmoor Company had 50,000 shares of $20 par value common stock and 7,000 shares of 8%, $60 par value convertible preferred stock outstanding.
During 2016, Flossmoor Company had 50,000 shares of $20 par value common stock and 7,000 shares of 8%, $60 par value convertible preferred stock outstanding. Flossmoor Companys 2016 net income was $900,000. Compute earnings per share for 2016.
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Accounting Fundamentals For Health Care Management
Authors: Steven A. Finkler, David M. Ward, Thad Calabrese
3rd Edition
1284124932, 9781284124934
