Question: During 2 0 2 3 , Anderson Corp. had 2 5 0 , 0 0 0 common shares outstanding for the full year. Market prices
During Anderson Corp. had common shares outstanding for the full year. Market prices of the common shares during were:
January : $
Years average: $
December : $
During there were:
outstanding stock options to buy common shares at $ a share.
$ of convertible bonds issued at par. Each $ bond is convertible into common shares.
preferred shares each paying a $ dividend and each convertible to one common share.
The income tax rate is The corporation reported $ net income for calendar
Required
Calculate basic and diluted earnings per share for Clearly indicate your answers for basic and fully diluted EPS. Show all calculations for possible partial marks.
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