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Conorado Corp. earned net income of $417,890 in 2025 and had 107,000 share of common stock outstanding throughout the year. Also, outstanding all year was
Conorado Corp. earned net income of $417,890 in 2025 and had 107,000 share of common stock outstanding throughout the year. Also, outstanding all year was $850,000 of 5% bonds, which are convertible into 17,000 shares of common. Conarado's tax rate is 30 percent. Compute conorados 2025 diluted earnings per share.
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