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Amo Inc has 6,000,000 shares of common stock outstanding on December 31,2023 . No shares were issued in 2024. On January 1, 2024, Amo issued
Amo Inc has 6,000,000 shares of common stock outstanding on December 31,2023 . No shares were issued in 2024. On January 1, 2024, Amo issued 24,000,$1,000 face value, 8% convertible bonds. Each bond is convertible into 25 shares of common stock. No bonds were converted into common stock in 2024. Net income after taxes is $15,000,000 and the tax rate is 30%. Compute EPS and DEPS. Show all computations for the numerators and the denominators
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