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Question - Ahnberg Corporation had 600,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 220,000 shares of convertible preferred stock. The preferred shares are convertible into 440,000 shares of common stock. During the year Ahnberg paid $132,000 cash dividends on the preferred stock. Net income was $1,392,000. What were Ahnherg's basic and diluted earnings per share for the year?
The following questions concern independence and the Code of Professional Conduct or GAAS. Choose the best response.
What are the conclusions from the customer profitability pilot study. What are the major sources of variation in customer profitability
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Net income was $500,000 in 2017, $400,000 in 2013, and $508,000 in 2019. What is the percentage change from 2017 to 2018 and 2018 to 2019
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