During fiscal year had net income of 100000 and 50000, Ask an Expert

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During fiscal year had net income of $100,000 and 50,000 shares of c/s and 10,000 shares of p/s outstanding. Declared and paid dividends of$.50 per share to c/s and $6 to p/s. P/S is convertible into c/s on a share-for-share basis. For the year the diluted EPS is?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9974752

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