Dunbar Company had 4 , 0 0 0 , 0 0 0 shares of $ 1 par
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Dunbar Company had shares of $ par value common stock outstanding at January On July the company issued additional shares of common stock. In addition, at December shares were issuable upon exercise of executive stock options which require a $ cash payment upon exercise. The average market price during was $ Dunbar Company also has two convertible securities There are convertible bonds with a face amount of $ interest rate of and convertible into shares of common stock and shares of $ par value convertible preferred stock, convertible into shares each. During Dunbar Companys net income was $ and all preferred stock dividends were declared and paid. The companys tax rate is Compute the basic and diluted earnings per share for
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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