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Silent 3 pts Question 10 KUMC has $9.500 in Earnings Available to Common Shareholders. KJMC has 5000 shares of common outstanding during the year and
Silent 3 pts Question 10 KUMC has $9.500 in Earnings Available to Common Shareholders. KJMC has 5000 shares of common outstanding during the year and 100 shares of convertible preferred stock, each share convertible into 10 shares of common. Total dividends on the preferred stock = $500. Basic EPS should be reported as: $2.90 $1,67 $1.40 $1.90
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