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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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