Marsh Co. had 2,400,000 shares of common stock outstanding on January 1 and December 31, 2021. In connection with the acquisition of a subsidiary company in June 2020, Marsh is required to issue 100,000 additional shares of its common stock on July 1, 2022, to the former owners of the subsidiary. Marsh paid $200,000 in preferred stock dividends in 2021, and reported net income of $3,400,000 for the year. Marsh's diluted earnings per share for 2021 should be
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Marsh Co. had 2,400,000 shares of common stock outstanding on January 1 and December 31, 2021. In co...
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