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At December 31, 2016, the financial statements of Hollingsworth Industries included the following: Additional data: The bonds payable were issued at par in 2014. The
At December 31, 2016, the financial statements of Hollingsworth Industries included the following: Additional data: The bonds payable were issued at par in 2014. The tax rate for 2016 was 40%. Required: Compute basic and diluted EPS for the year ended December 31, 2016
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