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On January 1.2023, Culver Corp, had 233,000 common shares outstanding On April 1. 2023, 23,300 commonshares were issued and on September 1,2023, Bernard bought back

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On January 1.2023, Culver Corp, had 233,000 common shares outstanding On April 1. 2023, 23,300 commonshares were issued and on September 1,2023, Bernard bought back 33,300 treasury shares. The market price of the common shares averaged 550 during 2023. The corporation's income tax rate is 40%. During 2023, there were 33,300 call options to buy common shares at $40 a share outstandirgiand there were 23,300,$7, no par value, cumulative and convertible preferred shares outstanding. Each preferred share is convertible into three cormmon shares. During 2022, the corporation had issued $1.920,000 of 8% convertible bonds at face value Each $1,000 bond is comvertible into 20 commonshares, The corporation reported $810,000 net income for calendar 2023 . Calculate diluted earnings per share for 2023, Compiete the schedule below. (Enter negathe amounts usirg either a negutive simn preceding the number es. 45 or parentheses eg. (45). Round comings per shure to 2 decimal ploces, es. 52.75 ) Shares Adjustment Adjusted Shares EPS 5 On January 1.2023, Culver Corp, had 233,000 common shares outstanding On April 1. 2023, 23,300 commonshares were issued and on September 1,2023, Bernard bought back 33,300 treasury shares. The market price of the common shares averaged 550 during 2023. The corporation's income tax rate is 40%. During 2023, there were 33,300 call options to buy common shares at $40 a share outstandirgiand there were 23,300,$7, no par value, cumulative and convertible preferred shares outstanding. Each preferred share is convertible into three cormmon shares. During 2022, the corporation had issued $1.920,000 of 8% convertible bonds at face value Each $1,000 bond is comvertible into 20 commonshares, The corporation reported $810,000 net income for calendar 2023 . Calculate diluted earnings per share for 2023, Compiete the schedule below. (Enter negathe amounts usirg either a negutive simn preceding the number es. 45 or parentheses eg. (45). Round comings per shure to 2 decimal ploces, es. 52.75 ) Shares Adjustment Adjusted Shares EPS 5

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