Question: 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

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

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

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

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