At January 1, 2022, Dove Corporation had 500 million common shares and 30 million 5%...
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At January 1, 2022, Dove Corporation had 500 million common shares and 30 million 5% cumulative $100 par preferred shares outstanding. Dove also had 6%,$1,000 million convertible bonds outstanding on January 1, 2022. These bonds were convertible into 50 million common shares Dove's net income for the year ended December 31, 2022, was $1,000 million. The effective income tax rate was 25%. Dove's 2022 diluted EPS would be: $1.58$1.49$1.52$1.62
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