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$225,760 O $250,200 Question 25 1 pts Mande Corp Inc reports 2020 net income of $ 450,000. The company has $6,000,000,7% convertible bonds outstanding throughout
$225,760 O $250,200 Question 25 1 pts Mande Corp Inc reports 2020 net income of $ 450,000. The company has $6,000,000,7% convertible bonds outstanding throughout the year. The bonds were issued at par. Each $ 1000 bond is convertible into twenty shares of common stock. The common shares outstanding throughout the year are 153,850 common shares. There was no preferred stock issued. Assume a tax rate of 30%. Compute basic EPS for 2020. O $2.92 O None of these. O $0.1935 O $2.72 1 nts Question 26 Dool Pro
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