During 2024, Angel Corporation had 900,000 shares of common stock and 50,000 shares of 4%...
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Accounting
During Angel Corporation had shares of common stock and shares of preferred stock outstanding. The preferred stock does not have cumulative or convertible features. Angel declared and paid cash dividends of $ and $ to common and preferred shareholders, respectively, during
On January Angel issued $ of convertible bonds at face value. Each $ bond is convertible into five common shares.
Angel's net income for the year ended December was $ million. The income tax rate is
What will Angel report as diluted earnings per share for rounded to the nearest cent?
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