Current Attempt in Progress

On January $2,2025,$ Carla Vista Co$.$ issued at par $$300000$ of $6\%$ convertible bonds. Each $$1000$ bond is convertible into $60$ shares. No

bonds were converted during $2025.$ Carla Vista had $104000$ shares of common stock outstanding during $2025.$ Carla Vista's $2025$ net

income was $$153320$ and its income tax rate was $30\%.$ Carla Vista's diluted earnings per share for $2025$ is

$$1\mathrm{.}47.$

$$1\mathrm{.}36.$

$$1\mathrm{.}40.$

$$1\mathrm{.}29.$

eTextbook and Media

Attempts: $0$ of $2$ used