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Current Attempt in Progress On January 2, 2025, Sandhill Co. issued at par $1910000 of 6% convertible bonds. Each $1000 bond is convertible into 10

Current Attempt in Progress On January 2, 2025, Sandhill Co. issued at par $1910000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2025. Sandhill had 196000 shares of common stock outstanding during 2025. Sandhill's 2025 net income was $895000 and its income tax rate was 30%. Sandhill's diluted earnings per share for 2025 was O $4.53. O $4.57. $4.94. O $4.70.
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On January 2, 2025, Sandhill Co. issued at par $1910000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2025. Sandhill had 196000 shares of common stock outstanding during 2025. Sandhill's 2025 net income was $895000 and its income tax rate was 30%. Sandhill's diluted earnings per share for 2025 was $4.53. $4.57. $4.94. $4.70

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