Question
For the year ended 31 December 2013, Jammy Jam had a net income of $2,300,000. The company had an average of 200,000 shares of common
For the year ended 31 December 2013, Jammy Jam had a net income of $2,300,000. The company had an average of 200,000 shares of common stock outstanding, 3,000 convertible preference shares. Each preference share pays a dividend of $13 and each is convertible into one share of the companys common stock. What is the diluted EPS?
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
