Question: please provide solution for all parts Calculate basic earnings per share for income from continuing operations, (Round answer to 2 decimal ploces, es. 2.45) Calculate








Calculate basic earnings per share for income from continuing operations, (Round answer to 2 decimal ploces, es. 2.45) Calculate the after-tax interest paid on the 4% conwertible bonds. After-taxinterest Attempes: unlimited (c3) Determine an incremental per share effect for 4% bonds, (Round earninss per share to 2 decimal places, es. 15.25.) Calculate the proceeds from assumed exercise of 20,000 options. Proceeds from evercise of options Calculate incremental shares outstanding upon the ecercise of options. (Round answer to 0 decimal ploces, es. 2,545.) incremental shares outstanding Attempts: unlimited Rank the potentially dilutive securities from most dilutive to least diluthe. 4 bonds Options Current Attempt in Progress Tseng Corporation Lid has the capital structure shown beiow at the following fiscal years ended December 31 : The following additional information is avallable. 1. On July 31, 2023, Tseng exchanged common shares for a large plece of equipment. This was the only transaction that resulted in issuance of common shares in 2023 . 2. Income before discontinued operationa for 2023 was $1,300,000, and a loss from discontinued operations of $200,000 was recorded, net of applicable tax recovery. 3. Durine 2023, dividends in the amount of $3 wer share were paid on the preferred A shares. 4. Each $2000 bond can be corverted into 25 common shares. 5. There were unewercied stock options, outstanding since 2020 , that allow holdars to purchase 20,000 common shares at $3 per share. 6. Written warrants to puichase 10,000 common shares at $7 Dar share were outstanding at the end of 2022 and no warrants Were evercised in 2023 6. Written warrants to purchase 10,000 common shares at $7 per share were outstanding at the end of 2022 , and no warrants were exercised in 2023 . 7. The average market value of the common shares in 2023 was $5. B. Teng's tax rate is 20K. 9. Taeng declared and paid a $5.000 dividend to common shareholders on June 1.2023. (a) Determine the weighted averase number of common shares that would be used in calculating earnings per share for the year ended December 31.2023 . Weighted average number of common shares shares Attempts unlimited Starting with the heading "Income from discontinued operations," prepare the bottom portion of the income statement for the year ended December 31,2023. Assume that Taeng discloses all applicable earnings per share data on the face of the income statement. (Round eamings per share amounts to 2 decimal ploces, es. 15.25. Enter negative amounts using either a negathe sign preceding the number es. -45 or porentheses es. (45) Calculate the diluted earnings per share for 2023 , using the if-comverted method. For simplicity, ignore the requirement to record the debt and equity components of the bonds sepsrately. (Round earnings per shore to 2 decimal ploces, es. 15.25.)
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