At December 31,2024, Wildhorse Company had 800000 shares of common stock outstanding. On October 1,...
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At December 31,2024, Wildhorse Company had 800000 shares of common stock outstanding. On October 1, 2025. an additional 160000 shares of common stock were issued. In addition, Wildhorse had $10550000 of 5% convertible bonds outstanding at December 31,2024 , which are convertible into 366000 shares of common stock. No bonds were converted into common stock in 2025. The net income for the year ended December 31,2025 , was $2513090. Assuming an income tax rate of 30%, diluted earnings per share for the year ended December 31, 2025 is $2.52. $3.43. $2.08. $2.39
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