Question: plz help!! it is due tonight Problem 19-16 (Static) EPS; convertible bonds; treasury shares [LO19-4, 19-5, 19-6, 19-9] At December 31,2024 , the financial statements

Problem 19-16 (Static) EPS; convertible bonds; treasury shares [LO19-4, 19-5, 19-6, 19-9] At December 31,2024 , the financial statements of Hollingsworth Industries included the following: Net income for 2024 Bondspayable,8%,convertibteinto36millionsharesofcommonstockCommonstock:560million$300million Shares outstanding on January 1 Treasury shares purchased for cash on September 1 460 mitlion 30 mitlion Additional data: The bonds payable were issued at par in 2022. The tax rate for 2024 was 25%. Required: Compute basic and diluted EPS for the year ended December 31, 2024. Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in millions (i.e., 10,000,000 should be entered as 10). Round "Earnings per share" answer to 2 decimal places
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