Creekside paid 30 million in dividends on preferred stock, Finance Basics

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Creekside paid 30 million in dividends on preferred stock

Creekside Company reported net income of $1,268 million in 2011. The weighted average number of common shares outstanding during 2011 was 554 million shares. Creekside paid $30 million in dividends on preferred stock, which was convertible into 15 million shares of common stock. How much is basic earnings per share amount for 2011?

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Finance Basics: Creekside paid 30 million in dividends on preferred stock

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Finance Basics: Creekside paid 30 million in dividends on preferred stock

Reference No:- TGS0620761

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Calculate the radiation dosage in grays for an 85-kg person

Q : Clarisse invests 61500 in money-market accounts at three

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Q : Creekside paid 30 million in dividends on preferred stock

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Ask an Expert for Answer!!

Finance Basics: Creekside paid 30 million in dividends on preferred stock

Reference No:- TGS0620761

Recent Questions Asked Finance Basics

Q : Calculate the radiation dosage in grays for an 85-kg person

Q : Clarisse invests 61500 in money-market accounts at three

Q : Ring station company began business on january 1 and

Q : Consider the following discrete-time signal where the

Q : Creekside paid 30 million in dividends on preferred stock

Q : The mass of a copper atom is 35710-25 kg and the density of

Q : Which of the following is the best reason as to why the

Q : On april 30 2010 one year before maturity red products inc

Q : If the lower and upper specification for voltage are 495v

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