Get expert advice and insights on any topic with IDNLearn.com. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.
manchester corporation had 100,000 shares of common stock outstanding and 5% bonds with a face value of $1,000,000 outstanding throughout the current year. the bonds are convertible into 150,000 common shares. net income for the current year was $212,500 with a 25% tax rate. what is the amount of the diluted eps for the current year? (round your answer to 2 decimal places.)
Sagot :
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.
