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Let us know if you got a helpful answer. Rate this answer Question: An analyst gathered the following information about a company: 100,000 common shares
Let us know if you got a helpful answer. Rate this answer Question: An analyst gathered the following information about a company: 100,000 common shares outstanding ... An analyst gathered the following information about a company: 100,000 common shares outstanding from the beginning of the year. Earnings of $125,000. 1,000, 7% par bonds convertible into 25 shares each, outstanding as of the beginning of the year. The tax rate is 40%. The company's diluted EPS is
a) 1.22
b) 1.25
c) 1.34
d) 1.35
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