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A B D E 2 3. Company XYZ reported after-tax profit of Long-term debt: G H J K L M N F 0 6,750,000

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A B D E 2 3. Company XYZ reported after-tax profit of Long-term debt: G H J K L M N F 0 6,750,000 million in 20x5. Its capital structure includled the following as of December 31, 20x5, the end of the company's fiscal year: | Bonds Payable, due 20x11, 5 5. Bonds Payable, due 20x4, = 3. 8 0 convertible into common shares at the rate of Shareholders Equity: Preferred shares, 1196 5,500,000 11,000,000 face value, 1 4% interest payable annually (effective interest rate share per $ 100.00 (balance outstanding at 20x4) 99) 8,190,567 8,393,907 $ share, shares outstanding, 4.75 175,000 ,nopar, cumulative, convertible into common shares at the rate of 2 common shares for each preferred 2. B Preferred shares, $ 1 share, shares outstanding, 2.75 no-par, cumulative, convertible into common shares at the rate of 375,000 1 common share for each preferred 5 Common Shares outstanding: 1,550,000 7 8 9 $ Options to purchase common shars (options have been outstanding all year): Purchase price, 23.00 expire 20x11, 200,000 options 10 Purchase price $ 47.00 expire 20x14, 170,000 options 2 3 Each option allows the purchase of 1 share 4 5 Transactions during 20x5: 16 7 On 1 July, 8 9 On 1 December, 10 1 Additional Information: 2 3 Average common share price, stable during the year, 4 Tax Rate 475,000 common shares wer eissued on the conversion of 237,500 of the $ 4.75 preferred shares 125,000 common shars were issued for cash. 26% 5 Quarterly dividends were declared on 31 March, 30 June, 30 September, and 31 December 16 7 Calculate basic and diluted earings per share for 20x5 8 9 42.00 Weighted Avg Instructions Part 1 Part 2 | Part 3 | P Q R S T U V Activate Windows to Go to Settings to activate W m

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