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Business, 07.11.2019 04:31 mathhelppls14

Information from the financial statements of henderson-niles industries included the following at december 31, 2018: common shares outstanding throughout the year: 100 million convertible preferred shares (convertible into 10 million shares of common): 30 million convertible 10% bonds (convertible into 17.0 million shares of common): $ 2,200 million henderson-niles’s net income for the year ended december 31, 2018, is $840 million. the income tax rate is 40%. henderson-niles paid dividends of $2 per share on its preferred stock during 2018. required: compute basic and diluted earnings per share for the year ended december 31, 2018. (enter your answers in millions (i. e., 10,000,000 should be entered as

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