Question 34 View Policies Current Attempt in Progress The following information was taken from the books and records of Ludwick, Inc $416,000 1. Net Income 2. Capital structure a Convertible 6% bonds. Each of the 270, $1.000 bonds is convertible into 50 shares of common stock at the present date and for the next 10 years, b. $10 par common stock, 200,000 shares issued and outstanding during the entire year. Stockwarrants outstanding to buy 15,200 shares of common stock at $20 per share 3. Other information a Bonds converted during the year b. Income tax rate Convertible debt was outstanding the entire year d. Average market price per share of common stock during the year e. Warrants were outstanding the entire year t Warrantsoercised during the year 270,000 2,000,000 None 30% $32 None Compute buscamins per share. Round answer to 2 decimal places... 52.75 Basic earnings per shares e Textbook and Media Compute diluted earnings per share. (Round answers to 2 decimal places, e.g. 52.75.) EPS Security Common Stock $ 2.08 Warrants $ 1.99 Conversion Bonds $ e Textbook and Media Save for Later Assignment sent to Gradeboc Sun, May 10, 2020, 2:44:11 PM