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Mangey Corp

question 10

Essay

Mangey Corp. had the following activity related to its common shares for the year ending December 31, 2020. Mangey Corp. had the following activity related to its common shares for the year ending December 31, 2020.   In addition, the company issued 3,000, $ 2, cumulative preferred shares for $ 300,000, however, dividends were not declared during 2020. Instructions  a) Calculate the weighted average number of shares. b) Calculate basic EPS. c) Calculate full diluted EPS. In addition, the company issued 3,000, $ 2, cumulative preferred shares for $ 300,000, however,
dividends were not declared during 2020.
Instructions
a) Calculate the weighted average number of shares.
b) Calculate basic EPS.
c) Calculate full diluted EPS.


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