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Business, 28.11.2020 05:50 cyndalulu6729

Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shares outstanding during 2021 was 200,000 shares. Gravel paid $250,000 in dividends on preferred stock, which was convertible into 40,000 shares of common stock. How much is diluted earnings per share for 2021

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Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shar...
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