Question: At December 3 1 , 2 0 2 2 , Pronghorn Ltd . had 5 0 5 0 0 0 common shares outstanding ( no
At December Pronghorn Ltd had common shares outstanding no preferred shares issued On October an additional common shares were issued. In addition, Pronghorn had $ convertible bonds outstanding at December which are convertible into common shares; however, no bonds were converted during Net income for calendar was $ Assuming the income tax rate was the diluted earnings per share for would be
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