solved : Unbreakable Foods Inc. reported $800 in net income in 2019.
Unbreakable Foods Inc. reported $800 in net income in 2019. The companydeclared and paid $11 in preferred stock dividends in 2019. Its weighted average shares outstanding for the year is 238 shares.In 2015, Unbreakable sold $1000 of? 8% convertible bonds due 2025 at par. The bonds are convertible into 46 shares of common stock. The tax rate for is? 38%.If Unbreakable has no other potentially dilutive securities and no preferred? stock, and no conversions occur during the? year, how much is diluted? EPS?(Round to the nearest? cent.)Accounting Business Financial Accounting ACCT 440
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