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Question 3 Net income is $3,400 and weighted average shares are 700. The annual preferred dividend claim on convertible preferred stock is $400 and
Question 3 Net income is $3,400 and weighted average shares are 700. The annual preferred dividend claim on convertible preferred stock is $400 and if converted, 100 common shares would be issued. The diluted earnings per share for this company should be: Answer:
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
