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Your question needs more information From our expert: Connect with me at helperhomework 28 on g mail for accounting questions. I will send excel file with full workings for as low as US \$ 3 . Edit your question > Mar. 1, 2025, Purchase of 45,000 treasury shares June 1,2025 , Stock split 2 for 1 Nov. 1, 2025, Issuance of 30,000 shares In addition, CL Energy has the following convertible bond, which is the only potentially dilutive security: 10.0% convertible bonds: $600,000, sold at par on July 1 of the current year, convertible into 30 shares common for each $1,000 bond (adjusted for split) CL Energy Inc. had 150,000 shares of common stock outstanding at the end of 2024. CL Energy also had 10,000 shares of 8%, \$50 par non-convertible preferred stock outstanding throughout the year. During 2025, the following transactions on common stock took place. Mar. 1, 2025, Purchase of 45,000 treasury shares June 1, 2025, Stock split 2 for 1 Nov. 1,2025 , Issuance of 30,000 shares In addition, CL Energy has the following convertible bond, which is the only potentially dilutive security: 10.0% convertible bonds: $600,000, sold at par on July 1 of the current year, convertible into 30 shares common for each $1,000 bond (adjusted for split). CL Energy declared the required preferred stock dividend during the year. Net income for the year was $776,000. Assume that applicable tax rate for 2025 is 20%. A Your question needs more information From our expert: Connect with me at helperhomework 28 on g mail for accounting questions. I will send excel file with full workings for as low as US $3. Edit your question outsanding throughout the your Doring 20ips, the kabowng transactions on common slack took place Mir 1,2025, Puachase of 45,000 teerary shares June 1,2025 , Slock split 2 for 1 Now 1,2025 , Issuance of 30,000 shares In addion, C. Ereagy has the loficining cunvertebe bond. which is the only polestially destive securty 10 os:cofwertion pengs so00,000 sold at par on July 1 cf Image transcription Show full question Expert answer This solution is designed to help students like you learn core concepts. This question hasn't been answered yet. Didn't find what you're looking for? a) Compute the basic earnings per share for 2025. (Round to the nearest penny.) Your question needs more information From our expert: Connect with me at helperhomework 28 on g mail for accounting questions. I will send excel file with full workings for as low as US \$ 3 . Edit your question > Mar. 1, 2025, Purchase of 45,000 treasury shares June 1,2025 , Stock split 2 for 1 Nov. 1, 2025, Issuance of 30,000 shares In addition, CL Energy has the following convertible bond, which is the only potentially dilutive security: 10.0% convertible bonds: $600,000, sold at par on July 1 of the current year, convertible into 30 shares common for each $1,000 bond (adjusted for split) CL Energy Inc. had 150,000 shares of common stock outstanding at the end of 2024. CL Energy also had 10,000 shares of 8%, \$50 par non-convertible preferred stock outstanding throughout the year. During 2025, the following transactions on common stock took place. Mar. 1, 2025, Purchase of 45,000 treasury shares June 1, 2025, Stock split 2 for 1 Nov. 1,2025 , Issuance of 30,000 shares In addition, CL Energy has the following convertible bond, which is the only potentially dilutive security: 10.0% convertible bonds: $600,000, sold at par on July 1 of the current year, convertible into 30 shares common for each $1,000 bond (adjusted for split). CL Energy declared the required preferred stock dividend during the year. Net income for the year was $776,000. Assume that applicable tax rate for 2025 is 20%. A Your question needs more information From our expert: Connect with me at helperhomework 28 on g mail for accounting questions. I will send excel file with full workings for as low as US $3. Edit your question outsanding throughout the your Doring 20ips, the kabowng transactions on common slack took place Mir 1,2025, Puachase of 45,000 teerary shares June 1,2025 , Slock split 2 for 1 Now 1,2025 , Issuance of 30,000 shares In addion, C. Ereagy has the loficining cunvertebe bond. which is the only polestially destive securty 10 os:cofwertion pengs so00,000 sold at par on July 1 cf Image transcription Show full question Expert answer This solution is designed to help students like you learn core concepts. This question hasn't been answered yet. Didn't find what you're looking for? a) Compute the basic earnings per share for 2025. (Round to the nearest penny.)
