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During 2016, Yang Corp. had the following two classes of stock issued and outstanding for the entire year: 41,759 shares of common stock, $1 par.
During 2016, Yang Corp. had the following two classes of stock issued and outstanding for the entire year:
41,759 shares of common stock, $1 par.
1,253 shares of 8% preferred stock, $26 par, convertible share for share into common stock.
Yangs 2016 net income was $267,616, and its income tax rate for the year was 30%.
Yangs Diluted EPS is $__________ Round your answer 2 decimals
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