Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 16

Throughout the year, Baker Construction Company had 3 million shares of common stock and 150,000 shares of convertible preferred stock outstanding.ach share of preferred is convertible into two shares of common.hat number of shares should be used in the computation of (a) basic earnings per share and (b) diluted earnings per share