Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

manchester corporation had 100,000 shares of common stock outstanding and 5% bonds with a face value of $1,000,000 outstanding throughout the current year. the bonds are convertible into 150,000 common shares. net income for the current year was $212,500 with a 25% tax rate. what is the amount of the diluted eps for the current year? (round your answer to 2 decimal places.)

Sagot :

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.