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nator of the increment or of Diluted EPS is?

nator of the increment or of Diluted EPS is?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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For the current year a company has outstanding 60,520 shares of $1 par common stock and 325760 shares of 5%, 7.50 par cumulative, covertible preferred stock. Each preferred share is convertible into common shares. Net income was 1765,211. a. The numerator of the incremental effect on converting the preferred stock is? b. The denominator of the incremental effect on converting the preferred stock is? c. The numerator of Diluted EPS is? d. The denominator of Diluted EPS is?
Transcribed Image Text:For the current year a company has outstanding 60,520 shares of $1 par common stock and 325760 shares of 5%, 7.50 par cumulative, covertible preferred stock. Each preferred share is convertible into common shares. Net income was 1765,211. a. The numerator of the incremental effect on converting the preferred stock is? b. The denominator of the incremental effect on converting the preferred stock is? c. The numerator of Diluted EPS is? d. The denominator of Diluted EPS is?
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