Question: Check my work 6 Brief Exercise 19-15 EPS; convertible preferred shares [L019-9] Ahnberg Corporation had 660,000 shares of common stock issued and outstanding at January

 Check my work 6 Brief Exercise 19-15 EPS; convertible preferred shares

Check my work 6 Brief Exercise 19-15 EPS; convertible preferred shares [L019-9] Ahnberg Corporation had 660,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 280,000 shares of convertible preferred stock. The preferred shares are convertible into 560,000 shares of common stock. During the year Ahnberg paid $168,000 cash dividends on the preferred stock. Net income was $1,950,000. points Skipped What were Ahnberg's basic and diluted earnings per share for the year? (Round your answers to 2 decimal places.) eBook Print References Basic EPS Diluted EPS

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