On march $1$ of the current year, Plant Inc. issued $700,8\mathrm{.}5\%$ bonds with a face value of $$1,000$ each and are $12$ year bonds that pay interest on October $31$ and february $28$th of each year. Each bond is convertible to $$754,000.$ There is not a beneficial conversion option with these bonds. What is Dilutive eps? Net income is $702,748\mathrm{.}07$

Answer rating: 100% (QA)

Given Net Income 70274807 Convertible Bonds 700 85 bonds with a face value of 1000 each convertible ... View the full answer