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Business, 11.01.2020 01:31 FireBoltSOR

Afirm with a net income of $30,000 and weighted average actual shares outstanding of 15,000 for the year also had the following two securities outstanding the entire year: (1) 2,000 options to purchase one share of stock for $12 per share. the average share price during the year was $20, (2) cumulative convertible preferred stock with an annual dividend commitment of $4,500. total common shares issued on conversion are 2,900. compute diluted eps for this firm.

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Afirm with a net income of $30,000 and weighted average actual shares outstanding of 15,000 for the...
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