Question 3 1 pts Wehmeyer Corporation reported common stock of $6,000,000 (par value of $10,...
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Question 3 1 pts Wehmeyer Corporation reported common stock of $6,000,000 (par value of $10, average market price of $50) on their 2021 balance sheet. In addition, the corporation has 6,000, $1,000, 20-year, 10% bonds issued at par in 2019. Each bond is convertible into 20 shares of common stock after 9/23/22. Wehmeyer also issued 15,000 options that allow employees to purchase one share of common stock at $10 when exercised. At year end, the common shares were trading at $50 per share. During the year 2021, the corporation earned $750,000 after deducting all expenses. The tax rate was 20%. What should Wehmeyer report as diluted EPS? O $1.23 O $1.02 O $1.25 $1.68
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