DiCenta AG reported net income of 270,000 in 2022 and had 50,000 ordinary shares outstanding throughout the
Question:
DiCenta AG reported net income of €270,000 in 2022 and had 50,000 ordinary shares outstanding throughout the year. Also outstanding all year were 5,000 shares of cumulative preference shares, each convertible into 2 ordinary shares. The preference shares pay an annual dividend of €5 per share. DiCenta’s tax rate is 40%. Compute DiCenta’s 2022 diluted earnings per share.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
To compute DiCentas 2022 diluted earnings per share we first need to calculate the compan...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0 Reviews
10+ Question Solved
Related Book For 
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
