Question: please help 74 E View Policies Current Attempt in Progress Waterway Industries had 203000 shares of common stock, 20500 shares of convertible preferred stock and
74 E View Policies Current Attempt in Progress Waterway Industries had 203000 shares of common stock, 20500 shares of convertible preferred stock and 51495000 af 6% convertible bonds outstanding during 2021. The preferred stock is convertible into 40900 shares of common stock During 2021, Waterway paid dividends of $0.90 per share on the common stock and $ per share on the preferred stock Each $1.000 bond is convertible into 30 shares of common stock. The net income for 2021 was $597000 and the income tax rate was 30% Basic earnings per share for 2021 is (rounded to the nearest poeny) $2.15 $2.45 O $2.74 $2.36 Attempts of used some
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