![subject](/tpl/images/cats/mat.png)
Mathematics, 02.11.2021 23:40 ultimatesaiyan
Splish Corporation issued 20-year, $ 10,400,000 face value, 9% convertible debentures on January 1, 2020. The bonds have a par value of $1,000, with interest payable semiannually. The initial conversion ratio is 10:1, and in 3 years it will increase to 12:1. At the date of issue, the bonds were sold at 105. Bond premium is amortized on a straight-line basis. Splish’s effective tax rate was 40%. Net income in 2020 was $ 27,200,000, and the company had 13,240,000 common shares issued and outstanding during the entire year. Compute both basic and diluted earnings per share.
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 20:40, jaydenrobinettewca
Ineed someone to me answer my question i have to have this done and knocked out
Answers: 2
You know the right answer?
Splish Corporation issued 20-year, $ 10,400,000 face value, 9% convertible debentures on January 1,...
Questions in other subjects:
![Konu](/tpl/images/cats/en.png)
English, 10.02.2021 16:30
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 10.02.2021 16:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.02.2021 16:30
![Konu](/tpl/images/cats/es.png)
Spanish, 10.02.2021 16:30
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.02.2021 16:30
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/en.png)
English, 10.02.2021 16:30