Brown Company had 100,000 shares of common stock outstanding on January 1,2024. On September 30,2024,...
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Brown Company had shares of common stock outstanding on January On September Brown sold shares of common stock for cash. Brown also had shares of convertible preferred stock outstanding throughout The preferred stock is $ par, and is convertible into shares of common for each share of preferred. Brown also had convertible bonds outstanding throughout Each $ bond is convertible into shares of common stock. The bonds sold originally at face value. Reported net income for was $ with a tax rate. Common shareholders received $ per share dividends after preferred dividends were paid in
Compute basic and diluted earnings per share for
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