Given the following information, compute Wilco's Diluted EPS for 2022 Given the...
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Given the following information, compute Wilco's Diluted EPS for 2022
Given the following information, compute Wilco's Diluted EPS for 2022: Wilco's 10,000 shares of preferred stock can be converted into 40,000 shares of common stock. In addition, Wilco has $1 million of convertible bonds that can be converted into 80,000 shares of common stock. The 2022 interest expense associated with the convertible bonds is $200,000, and Wilco is subject to a 20% tax rate. (Round answers to the nearest cent) Given the following information, compute Wilco's Diluted EPS for 2022: Wilco's 10,000 shares of preferred stock can be converted into 40,000 shares of common stock. In addition, Wilco has $1 million of convertible bonds that can be converted into 80,000 shares of common stock. The 2022 interest expense associated with the convertible bonds is $200,000, and Wilco is subject to a 20% tax rate. (Round answers to the nearest cent)
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