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Wildhorse Co, had 190000 shares of commen stock, 19000 shares of convertible preferred stock, and $1496000 of 6% corwertible. bonds outstanding during 2025. The preferred

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Wildhorse Co, had 190000 shares of commen stock, 19000 shares of convertible preferred stock, and $1496000 of 6% corwertible. bonds outstanding during 2025. The preferred stock is convertible into 40600 shares of common stock. During 2025, Widhorse paid dlvidends of $0.90 per share on the common stock and $2 per share on the preferred stock. Each $1000 bond is convertible into 30 shares of common stock. Wildhorse's net income for 2025 was $602000 and its income tax rate was 30%. Basic earnings per share for 2025 is 52.97 $2.53. $2.16. $2.61. Attempts: 0 of 1 used

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