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Questions 6 - 7 . Rockland Inc. had net income of $ 6 0 0 , 0 0 0 for 2 0 1 5 .
Questions Rockland Inc. had net income of $ for Rockland lne had average shares
outstanding of common stock of for the whole of The firm had convertible bonds
outstanding all year, each with $ par value and a coupon rate of The bonds were convertible into
a total of shares of common stock. The firm also had shares of nonconvertible preferred
stock each with a par value of $ that were outstanding all year. The tax rate is There are no other
dilutive securities
Compute Rockland's basic EPS.
Compute Rockland's diluted EPS.
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