Hutchins Company tena 200 000 acciones ordinarias, 50 000 acciones preferentes convertibles y $2 000...
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Accounting
Hutchins Company tena 200 000 acciones ordinarias, 50 000 acciones preferentes convertibles y $2 000 000 de bonos convertibles al 10 % en circulacin durante todo el ao. Las acciones preferentes eran convertibles en 40.000 acciones ordinarias.
Durante el ao en curso, Hutchins pag dividendos de $1.00 por accin sobre las acciones ordinarias y $2.00 por accin sobre las acciones preferentes. Cada bono de $1,000 era convertible en 50 acciones ordinarias. La utilidad neta del ao fue de $1,000,000 y la tasa de impuesto sobre la renta fue del 30%.
Las ganancias diluidas por accin para el ao en curso fueron (redondeadas al centavo ms cercano):
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