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On January 2,2025 , Oriole Co. issued at par $2060000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock.

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On January 2,2025 , Oriole Co. issued at par $2060000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2025. Oriole had 206000 shares of common stock outstanding during 2025 . Oriole's 2025 net income was $909000 and its income tax rate was 30%. Oriole's diluted earnings per share for 2025 was $4.80. $4,39 $4.56 $4.41

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