Question: Please answer the following question. Thank you very much for your assistance. Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average

Please answer the following question. Thank you very much for your assistance.

Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average shares outstanding for the year is 294 shares. In 2015, Unbreakable sold $1000 of 8%% convertible bonds due 2025 at par. The bonds are convertible into 44 shares of common stock. The tax rate for is 37%. If Unbreakable has no other potentially dilutive securities and no preferred stock, and no conversions occur during the year, how much is diluted EPS? (Round to the nearest cent.) 2.51
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