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Question - Marigold Corp. had 208000 shares of common stock, 20400 shares of convertible preferred stock, and $1470000 of 6% convertible bonds outstanding during 2018. The preferred stock is convertible into 40300 shares of common stock. During 2015, Marigold paid dividends of $0.90 per share on the common stock and $4 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2018 was $594000 and the income tax rate was 35%.
Calculate the Diluted earnings per share for 2018?
How would you paraphrase the definition of equilibrium price?Equilibrium price occurs when supply and demand quantities meet.Equilibrium price occurs when price and demand are
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Ahyee Corp. is considering two equally risky, mutually exclusive projects, both of which projects have normal cash flows. Project A has an IRR of IRR of 11%, while Project B
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