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Multiple Choice Question 111 Bramble Corp. had net income for the year of $717000 and a weighted average number of common shares outstanding during the

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Multiple Choice Question 111 Bramble Corp. had net income for the year of $717000 and a weighted average number of common shares outstanding during the period of 243000 shares. The company has a convertible bond issue outstanding. The bonds were issued four years ago at par (52960000), carry interest rate, and are convertible to 49300 shares of common stock. The company has 455 tax rate Diluted earnings per share are (rounded to the nearest penny) $3.26. $2.90 $2.01 $2.76 Click if you would like to show Work for this question: Open Show Work

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