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Intermediate Accounting & S k ieso, Intermediate Accounting, 17e actice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR BACK FULL SCREEN PRINTER VERSION Brief Exercise 16-13

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Intermediate Accounting & S k ieso, Intermediate Accounting, 17e actice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR BACK FULL SCREEN PRINTER VERSION Brief Exercise 16-13 Vaughn 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 9% bonds, which are convertible into 18,000 shares of common Vaughn's tax rate is 30 percent. Compute Vaughn's 2020 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per shares Click if you would like to show Work for this question: Open Show Work BO SAVE FOR LATER SUBMIT ANSWER Question Attempts: 0 of 3 used WER-UP

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