Question: View Policies -/1 E Current Attempt in Progress Sheridan Inc. has 365,000 common shares outstanding throughout the year. On June 30, Sheridan issued 10,000

View Policies -/1 E Current Attempt in Progress Sheridan Inc. has 365,000

View Policies -/1 E Current Attempt in Progress Sheridan Inc. has 365,000 common shares outstanding throughout the year. On June 30, Sheridan issued 10,000 convertible preferred shares that are convertible into 2 common shares each. Calculate the weighted average number of common shares to use in calculating the diluted EPS. Assume that the preferred shares are dilutive. Weighted average number of shares eTextbook and Media Save for Later shares MacBook Pro Attempts: 0 of 3 used Submit Answer

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