ACC309 EPS Calculations.pdf - Peyton Approved Earnings per Share For Year Ended XX Net Income Less Preferred Dividends Earnings Available to Common

ACC309 EPS Calculations.pdf - Peyton Approved Earnings per...

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Net Income 12,505,417.87 $ Less: Preferred Dividends (50,000.00) $ Earnings Available to Common Shareholders 12,455,417.87 $ Common Shares Outstanding 1,750,000.00 $ Basic EPS 7.11738164 If all preferred shares are converted: Net Income 12,505,417.87 $ Additional Common Shares 100,000.00 $ Common Shares Outstanding after conversion 1,850,000.00 $ EPS if preferred shares converted 6.759685334 Preferred shares are antidilutive If all bonds are converted: Net Income 12,505,417.87 $ Less: Preferred Dividends (50,000.00) $ Add back interest on bonds, net of income tax 56,000.00 $ Earnings Available to Common Shareholders 12,511,417.87 $ Additional Common Shares 5,000.00 $ Common Shares Outstanding after conversion 1,755,000.00 $ Fully diluted EPS 7.12901303 If convert $500,000 of each preferred stock and bonds Net Income 12,505,417.87 $ Less: Preferred Dividends (25,000.00) $ Add back interest on bonds, net of income tax 28,000.00 $ Peyton Approved Earnings per Share For Year Ended 12/31/20XX HOME
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Earnings Available to Common Shareholders 12,508,417.87 $ Additional Common Shares 52,500.00 $ Common Shares Outstanding after Conversions 1,802,500.00 $ EPS if 50% of preferred stock and 50% of bonds convert 6.939482867 Peyton plans to raise $1,000,000 million of additional capital for the coming year. They anticipate
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