alyssalefeber
05.12.2020 •
Biology
Please help with this i need the answer soon
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Ответ:
$3.48
Explanation:
Net income ÷Shares of common stock outstanding + Preferred stock convertible shares of common stock.
Net income 6,800,000
Shares of common stock outstanding 1,200,000
Preferred stock convertible 750,000
Hence:
$6,800,000/ ($1,200,000 + $750,000)
=$6,800,000/$1,950,000
=$3.48
Therefore the diluted earnings per share for 2021 is $3.48