Question:given the following year end information compute Greeneood
corporations basic and diluted earnings per share.
net...
Question
given the following year end information compute Greeneood
corporations basic and diluted earnings per share.
net...
given the following year end information compute Greeneood
corporations basic and diluted earnings per share.
net income 15,000
the income tax rate 30%
4000 shares of common stock were outstanding the entire
year.
500 shares of 10% $50 par (and issuance price) convertible
preferred stock were outstanding the entire year. dividends of 2500
were declared on this stock during the year. each share of
prefferred stock is convertible into 5 shares of commin
stock.