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  3. a company has 20,000 shares of common stock outsta

A company has 20,000 shares of common stock outstanding all year. There are $600,000 of...

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Accounting

  1. A company has 20,000 shares of common stock outstanding all year. There are $600,000 of 6% bonds. Each $1000 bond is convertible into 12 shares of common stock. Net income is $92,000. The tax rate is 20%. Diluted eps is
  1. $4.60
  2. $4.44
  3. $4.71
  4. $3.38

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