During 2016, Yang Corp. had the following two classes of stock issued and outstanding for the...

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During 2016, Yang Corp. had the following two classes of stock issued and outstanding for the entire year: 87,547 shares of common stock, $1 par. 7,405 shares of 9% preferred stock, $35 par, convertible share for share into common stock. Yang's 2016 net income was $148,874, and its income tax rate for the year was 30%. Yang's basic EPS is $ Round your answer 2 decimals During 2016, Yang Corp. had the following two classes of stock issued and outstanding for the entire year: 87,547 shares of common stock, $1 par. 7,405 shares of 9% preferred stock, $35 par, convertible share for share into common stock. Yang's 2016 net income was $148,874, and its income tax rate for the year was 30%. Yang's basic EPS is $ Round your answer 2 decimals

Answer rating: 100% (QA)

Answer Adjusted shares 875477405 94952 Diluted earning per share Adjusted net in... View the full answer