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Roberts Company reported net income of $3,804 million in 2021. The weighted average number of common shares outstanding during 2021 was 1,662 million shares. Roberts
Roberts Company reported net income of $3,804 million in 2021. The weighted average number of common shares outstanding during 2021 was 1,662 million shares. Roberts paid $120 million in dividends on preferred stock, which was convertible into 60 million shares of common stock. How much is the diluted earnings per share amount for 2021?
Optional answer:
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$2.21 |
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$2.30 |
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$2.23 |
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$2.18
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