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Please help, i will give a thumbs up if all correct. I just don't get how to do this problem and need assistance. Question 6

Please help, i will give a thumbs up if all correct. I just don't get how to do this problem and need assistance.

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Question 6 of 8 - / 15 Current Attempt in Progress At the beginning of 2020, Windsor Industries had 27,000 shares of common stock issued and outstanding and 500 $1,000,6% bonds (issued at par), each convertible into 10 shares of common stock. During 2020, Windsor had revenues of $167,000 and expenses other than interest and taxes of $105,000. Assume that the tax rate is 40%. None of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 500 bonds were issued on September 1, 2020 (rather than in a prior year), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 100 of the 500 bonds were actually converted on July 1, 2020, Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $

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