Compute diluted earnings per share for 2020 Diluted earnings per share_______ b) Compute diluted earnings per share for 2020, assuming the same facts as above, except that $1,100,000 of 6% convertible preferred stock was issued instead of the bonds. Each $100 preferred share is convertible into 5 shares of Indigo common stock.
On January 1, 2020, Indigo Company issued 10-year, $1,880,000 face
Compute diluted earnings per share for 2020
Diluted earnings per share_______
b) Compute diluted earnings per share for 2020, assuming the same facts as above, except that $1,100,000 of 6% convertible preferred stock was issued instead of the bonds. Each $100
Diluted earnings per share_________
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