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The following additional information is available. On July 3 1 , 2 0 2 3 , Oriole exchanged common shares for a large piece of
The following additional information is available.
On July Oriole exchanged common shares for a large piece of equipment. This was the only transaction that resulted in issuance of common shares in
Income before discontinued operations for was $ and a loss from discontinued operations of $ was recorded, net of applicable tax recovery.
During dividends in the amount of $ per share were paid on the preferred A shares.
Each $ bond can be converted into common shares.
There were unexercised stock options, outstanding since that allow holders to purchase common shares at $ per share.
Written warrants to purchase common shares at $ per share were outstanding at the end of and no warrants were exercised in
The average market value of the common shares in was $
Oriole's tax rate is
Oriole declared and paid a $ dividend to common shareholders on June
Caculate the diluted earnings per share for using th eifcovered method. For simplicity, ignore the requirment to record the debt and equity components of the bonds separately
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