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Home Q & A Board Other Fields Homework Help Business Accounting
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LiChan LiChan
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7 years ago
The following information was available for Books, Inc.:
   Net income   $ 90,000
   Preferred dividend requirements   $   5,000
   Common stock outstanding   64,000
   Weighted average common stock outstanding   66,000
   Dilutive shares (convertible bonds)   2,600
What is Books, Inc. diluted earnings per share?
A) $1.28
B) $1.24
C) $1.34
D) $1.31
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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suryoyosuryoyo
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7 years ago
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LiChan Author
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#2
7 years ago
Was looking for this exact answer, thanks
wrote...
#3
7 years ago
Alright!
Thumbs up me, please!
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