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Question 4 Ahnberg Corporation had 800,000 shares of common stock issued and outstanding at January 1. No comma shares were issued during the year, but
Question 4 Ahnberg Corporation had 800,000 shares of common stock issued and outstanding at January 1. No comma shares were issued during the year, but on January 1 Ahnberg issued 100,000 shares of convertible preferred stock. The preferred shares are convertible into 200,000 shares of common stock. During the year Ahnberg paid $60,000 cash dividends on the preferred stock. Net income was $1,500,000. What were Ahnberg's basic and diluted earnings per share for the year? i want typed answer could you do it
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