The financial data for Millen & Adams Boutique Hotel Inc. in both 2011 and 2012 is as
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Question:
The financial data for Millen & Adams Boutique Hotel Inc. in both 2011 and 2012 is as follows:
Financial Data | 2011 | 2012 |
Net Income | $412,500 | $556,330 |
Preferred Dividends Value | $34,600 | $32,100 |
Common Shares Outstanding | 120,000 | 146,900 |
Based on the financial data table above, calculate the EPS with preferred stock for Millen & Adams Boutique Hotel Inc. in 2012.
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ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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