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Business, 05.05.2020 21:18 3kp

Ellen Kelly Inc. had 31,300 shares of $.50 par common stock 10,000 shares of 5%, $20 par cumulative preferred stock and 5,000 shares of 5%, $10 par preferred stock convertible into 3,800 common shares. Net income after taxes was $55,779. No dividends were declared during the year. The numerator in the Diluted EPS would be $

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Ellen Kelly Inc. had 31,300 shares of $.50 par common stock 10,000 shares of 5%, $20 par cumulative...
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