declared and paid $ 75,000 cash dividends on the common stock and $ 60,000 on the preferred stock . Net income for the year ended December 31 , 2015 was $ 465,000 . What should be Didde ' s 2015 earnings per common share ?
3 ) When convertible debt is retired by the issuer , any material difference between the cash acquisition price and the carrying amount of the debt should be
4 ) On July 1 , 2014 , an interest payment date , $ 90,000 of Parks Co . bonds were converted into 1,800 shares of Parks Co . common stock each having a par value of $ 45 and a market value of $ 54 . There is $ 3,600 unamortized discount on the bonds . Using the book value method , Parks would record
5 ) Convertible bonds