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Business, 29.08.2019 16:30 zwalkert01

Vent, inc. reported net income of $770,000 for 2018. vent sold 15,000 shares of treasury stock acquired in a previous year on july 1 and 15,000 new shares on november 1. at year-end, 180,000 shares were outstanding. vent had 20,000 shares of $100 par value 7% preferred stock outstanding all year. vent paid dividends to the preferred shareholders. if each share of preferred stock is convertible into 2 shares of common stock, the diluted earnings per share for 2018 is

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Vent, inc. reported net income of $770,000 for 2018. vent sold 15,000 shares of treasury stock acqui...
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