Compute dicenta diluted earning per share, Accounting Basics

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Compute dicenta diluted earning per share

DiCenta Corporation reported net income of 283,000 in 2012 and had 50,000 shares of common stock outstanding throughout the year. Also outstanding all year were 6,820 shares of cummulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta tax rate is 40%. Compute DiCenta 2012 diluted earning per share

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Accounting Basics: Compute dicenta diluted earning per share

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Accounting Basics: Compute dicenta diluted earning per share

Reference No:- TGS0685851

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What is the unit product cost for the month under variable

Q : What is the predetermined overhead application rate

Q : What was the absorption costing net operating

Q : Calculate the effect of this sales structure will be

Q : Compute dicenta diluted earning per share

Q : The absorption costing method

Q : What is the maximum amount that box and cable

Q : Calculate the gain or loss to be recognized by rogers

Q : Which applies the perpetual inventory system

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Compute dicenta diluted earning per share

Reference No:- TGS0685851

Recent Questions Asked Accounting Basics

Q : What is the unit product cost for the month under variable

Q : What is the predetermined overhead application rate

Q : What was the absorption costing net operating

Q : Calculate the effect of this sales structure will be

Q : Compute dicenta diluted earning per share

Q : The absorption costing method

Q : What is the maximum amount that box and cable

Q : Calculate the gain or loss to be recognized by rogers

Q : Which applies the perpetual inventory system

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