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At the beginning of 2025, Windsor industries had 27,000 shares of common stock issucd and outstanding and 500 of $1,000,6% bonds (issued at par), each

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At the beginning of 2025, Windsor industries had 27,000 shares of common stock issucd and outstanding and 500 of $1,000,6% bonds (issued at par), each comvertible into 10 shares of common stock. During 2025, Windsor had revenues of $141,000 and expensts other than interest and tawes of $101.000. Assume that the tax rate is 20%. None of the bonds was converted or redetmed. (a) Compute diluted earnings per share for 2025. (Round answer to 2 decimal ploces. es. 255) Earnings per share (b) Assume the same facts as those assumed for part (a), except that the 500 bonds were issued on September 1, 2025(rather than in a prior year), and none have been converted or redeemed, Compute diluted earnings per share for 2025. (Round answer to 2 decimal ploces, eg. 2.55) Earnings per share (c) Assume the same facts as assumed for part (a), except that 100 of the 500 bonds were actually converted on July 1, 2025. Compute diluted earnings per share for 2025. (Round anower to 2 decimal ploces, es 2.55) Earnings per share

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