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Kimchi Corporation reports the following information for 2 0 2 3 : Kimchi had 3 , 5 0 0 , 0 0 0 shares of
Kimchi Corporation reports the following information for :
Kimchi had shares of common stock outstanding at the beginning of the year and issued more shares on July The firm also has shares of $ par, cumulative preferred stock. Kimchi did not pay dividends in either or
Convertible bonds were sold at par for $ on April The face value of each bond is $ with an interest rate of Each bond is convertible into shares of common stock.
unexpired stock options were outstanding for the entire period during The options have an exercise price of $ and the stock price at the end of the year is $ per share.
Kimchi's aftertax net income is $ and corporate tax rate is
Required show work and label answers determine:
Basic earnings per share as reported by Kimchi on its income statement.
Diluted earnings per share as reported by Kimchi on its income statement if antidilutive, show calculations to support that and then state that it would not be reported Show all work for each of the questions please.
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