Formula: Add, Multiply, Divide; Cell Referencing

Information for DiCenta Corporation net income and stock is provided here for 2020.

All stock was outstanding the entire year. Each share of preferred stock is convertible into 2 shares of common stock. Required: Provide input into cells shaded in yellow in this template. Use cell references with a mathematical formula to the Problem area.

Compute diluted eps

Formula: Add, Multiply, Divide; Cell Referencing BE16.14 - Using Excel to Calculate Diluted EPS PROBLEM Information for DiCenta Corporation net income and stock is provided here for 2020. All stock was outstanding the entire year. Each share of preferred stock is convertible into 2 shares of common stock. Student Work Area - BE16.14 Required: Provide input into cells shaded in yellow in this template. Use cell references with a mathematical formula to the Problem area. $ Diluted EPS 270,000 50,000 shares 20% Reported net income Common stock outstanding Income tax rate Cumulative preferred stock: Shares outstanding Each share convertible into Annual dividend payment 5,000 shares 2 common shares 5.00 $ er share Compute DiCenta's 2020 diluted earnings per share