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Question 2 3 pts Owl Co. reported $450,000 net income and paid $50,000 common dividends...

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Accounting

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Question 2 3 pts Owl Co. reported $450,000 net income and paid $50,000 common dividends for 2020, with a 35% tax rate and 100,000 common shares outstanding all year. On September 30, 2020, Owl issued $1,000,000, 6%, 5-year bonds at par, convertible to 25,000 common shares. If Owl has no other dilutive securities, what is Owl's 2020 diluted earnings per share? $4.38 $3.86 $3.68 $4.33 $3.91

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