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In Progress Bonita Corporation earned net income of $447.600 in 2020 and had 105.000 shares of common stock outstanding throughout the year. Also outstanding all
In Progress Bonita Corporation earned net income of $447.600 in 2020 and had 105.000 shares of common stock outstanding throughout the year. Also outstanding all year was $900,000 of 5% bonds, which are convertible into 18,000 shares of common. Bonita's tax rate is 30 percent Compute Bonita's 2020 diluted earnings per share. (Round answer to 2 decimal places, 6.8.3.5.5.) Diluted earnings per share
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