Business, 07.11.2019 03:31 capricorn0115

At december 31, 2018, the financial statements of hollingsworth industries included the following: net income for 2018 $ 590 million bonds payable, 10%, convertible into 47 million shares of common stock $ 250 million common stock: shares outstanding on january 1 450 million treasury shares purchased for cash on september 1 48 million additional data: the bonds payable were issued at par in 2016. the tax rate for 2018 was 40%. required: compute basic and diluted eps for the year ended december 31, 2018. (enter your answers in millions (i. e., 10,000,000 should be entered as

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At december 31, 2018, the financial statements of hollingsworth industries included the following:...