Order the answer to: Pakison, Inc. had 200,000 shares of $20 par common stock

Assignment Help business-economics Order the answer to: Pakison, Inc. had 200,000 shares of $20 par common stock

business-economics

Order the answer to: Pakison, Inc. had 200,000 shares of $20 par common stock

Question Pakison, Inc. had 200,000 shares of $20 par and 20,000 shares of $100 par, 6 percent cumulative, convertible preferred stock outstanding for the entire year ended December 31, 2010. The preferred stock is convertible into 5 shares of . Parkison’s net income for 2010 was $840,000.  Diluted earnings per share as of December 31, 2010 was??
Subject business-economics
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