On DEC 31, 2011 DELL’S INC. had 660000shares outstanding, In addition, DELL had the following debt and equity securities on its books on December 31, 2011, If the net income is $2200000 a. 25,000 shares of $100 par, 0.15 cumulative preferred stock b. 40,000 shares of $100 par, 0.16 cumulative preferred stock, par $100, Each share of preferred stock is convertible into 13 shares of common stock. What is the basic EPS Answer for part 1 What is the diluted EPS
On DEC 31, 2011 DELL’S INC. had 660000shares outstanding, In addition, DELL had the following debt and equity securities on its books on December 31, 2011, If the net income is $2200000 a. 25,000 shares of $100 par, 0.15 cumulative preferred stock b. 40,000 shares of $100 par, 0.16 cumulative preferred stock, par $100, Each share of preferred stock is convertible into 13 shares of common stock. What is the basic EPS Answer for part 1 What is the diluted EPS
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On DEC 31, 2011 DELL’S INC. had 660000shares outstanding, In addition, DELL had the following debt and equity securities on its books on December 31, 2011, If the net income is $2200000
a. 25,000 shares of $100 par, 0.15 cumulative
b. 40,000 shares of $100 par, 0.16 cumulative preferred stock, par $100, Each share of preferred stock is convertible into 13 shares of common stock.
What is the basic EPS
Answer for part 1What is the diluted EPS
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