Question: Hong Pak Compary had 2 0 0 , 0 0 0 shares of common stock outstanding on December 3 1 , 2 0 2 3
Hong Pak Compary had shares of common stock outstanding on December On July Hong Pak issued an additional shares for cash. On January Hong Pak issued shares of corvertible preferred stock. The preferred stock had a par vatue of $ per share and paid a dividend. Fach share of preferred stock is convertible into shares of common During Hong Pak paid the regular annual dividend on the preferred and common stock. Net income for the year was $
Required:
Calculate Hong Pak's basic and diluted earnings per share for
Note: Round your answers to decimal places.
tabletableEarning pershareBasicDiluthed
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