
微信扫一扫
实时资讯全掌握
Kendall Company’s net income for 20X4 is $830,000 with 200,000 shares outstanding. Kendall has 1,000 6% convertible bonds (each bond $1,000 face value and convertible into 20 common shares) outstanding for the entire year. Kendall’s tax rate is 40%. What is Kendall Company’s diluted earnings per share for 20X4? A. $4.15. B. $3.77. C. $3.94. |