At December 31,2024, Sheridan Company had 2010000 shares of common stock outstanding. On January 1,...
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Accounting
At December Sheridan Company had shares of common stock outstanding. On January Sheridan issued shares of preferred stock which were convertible into shares of its common stock. In Sheridan declared and paid $ cash dividends on the common stock and $ cash dividends on the preferred stock. Net income for the year ended December was $ Assuming an income tax rate of what was diluted earnings per share for the year ended December $ $ $ $
At December Sheridan Company had shares of common stock outstanding. On January
Sheridan issued shares of preferred stock which were convertible into shares of its
common stock. In Sheridan declared and paid $ cash dividends on the common stock and $
cash dividends on the preferred stock. Net income for the year ended December was $
Assuming an income tax rate of what was diluted earnings per share for the year ended December
$
$
$
$
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