A Corporation has a $1-million, 6% debt issue that is convertible into 10,000 common shares. Net income for the year is $210,000, the weighted average number of common shares outstanding is 100,000 shares, and the tax rate is 20%. Is the convertible debt antidilutive?

Answer rating: 100% (QA)

ANS WER No the convertible debt is not antid il utive WORK ING We first need ... View the full answer