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Question 11 --1 View Policies Your answer has been saved. See score details after the due date. Bramble Corp. had 203000 shares of common stock,
Question 11 --1 View Policies Your answer has been saved. See score details after the due date. Bramble Corp. had 203000 shares of common stock, 19300 shares of convertible preferred stock, and $1580000 of 4% convertible bonds outstanding during 2021. The preferred stock is convertible into 39800 shares of common stock. During 2021. Bramble paid dividends of $0.80 per share on the common stock and $3 per share on the preferred stock. Each $1.000 bond is convertible into 30 shares of common stock. The net income for 2021 was $607000 and the income tax rate was 40%. Diluted earnings per share for 2021 is trounded to the nearest penny -$2.22 Attempts: 1 of 1 used
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