GLL Company's Basic EPS in 2020 is $3.98. Tax Rate was 25%. Selected information from...
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GLL Company's Basic EPS in 2020 is $3.98. Tax Rate was 25%. Selected information from Dec 31, 2020 Balance Sheet is presented below. Long-term debt: Bonds payable due Dec. 31, 2026, 10% (issued at par) Bonds payable, face value $9,000,000, due Dec. 31, 2027, 7.25%, convertible into common shares at the investor's option at the rate of two shares per $100 of bonds 9,000,000 Shareholders' equity: Preferred shares, $4.50 cumulative, convertible into common shares at the rate of two common shares for each preferred share, 120,000 shares outstanding 4) Time left 1:40:19. 5,000,000
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