A company has the following information:Net income: $500,000Preferred dividends: $50,000Weighted average common shares: 100,000Requirements:(a) Calculate...
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Accounting
A company has the following information:
- Net income: $500,000
- Preferred dividends: $50,000
- Weighted average common shares: 100,000
(a) Calculate the basic EPS. (b) Determine the diluted EPS if there are 10,000 convertible bonds, each convertible into 2 shares. (c) Analyze the impact of EPS on investor decisions. (d) Discuss the factors affecting EPS calculations.
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