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Windsor Corporation earned net income of $499,670 in 2025 and had 102,000 shares of common stock outstanding throughout the year. Also outstanding all year was
Windsor Corporation earned net income of $499,670 in 2025 and had 102,000 shares of common stock outstanding throughout the year. Also outstanding all year was $800,000 of 5% bonds, which are convertible into 15,000 shares of common. Windsor's tax rate is 30 percent. Compute Windsor's 2025 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $ eTextbook and Media
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