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4. 0-02 - Spring 2024 Semester into 4,000 shares of Peachtree's common stock. No bonds were converted during 2024. Throughout On January 2, 2024,
4. 0-02 - Spring 2024 Semester into 4,000 shares of Peachtree's common stock. No bonds were converted during 2024. Throughout On January 2, 2024, Peachtree, Inc. issued at face value $20,000 of 5% bonds convertible in total $3,000. The income tax rate is 20%. No potential common shares other than the convertible bonds 2024, Peachtree had 15,000 shares of common stock outstanding. Peachtree's 2024 net income was were outstanding during 2024. Diluted earnings per share for 2024 would be how much?
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