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Culver Corporation earned net income of $ 3 6 3 , 6 0 0 in 2 0 2 0 and had 1 0 0 ,
Culver Corporation earned net income of $
in
and had
shares of common stock outstanding throughout the year. Also outstanding all year was $
of
bonds which are convertible into
shares of common. Culver's tax rate is
percent Compute Culver's
diluted earnings per share.
Round answer to
decimal places, e
g
Diluted earnings per share $
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