At December 31,2021, Retriever Ltd. had 2,000,000 common shares outstanding. On January 1,2022,...
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At December Retriever Ltd had common shares outstanding. On January Retriever issued noncumulative preferred shares, which were convertible into common shares. During Retriever paid cash dividends of $ to the common shares and $ to the preferred shares. Net income for calendar was $ Assuming an income tax rate of the diluted earnings per share for is A $ B $ C $ D $
At December Retriever Ltd had common shares
outstanding. On January Retriever issued noncumulative
preferred shares, which were convertible into
common shares. During Retriever paid cash dividends of
$ to the common shares and $ to the preferred
shares. Net income for calendar was $ Assuming an
income tax rate of the diluted earnings per share for is
A $
B $
C $
D $
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