Question: Question 7 of 15 > > - 71 !!! View Policies Current Attempt in Progress Tamarisk Corporation earned net income of $443,400 in 2020 and

Question 7 of 15 > > - 71 !!! View Policies

Question 7 of 15 > > - 71 !!! View Policies Current Attempt in Progress Tamarisk Corporation earned net income of $443,400 in 2020 and had 110,000 shares of common stock outstanding throughout the year. Also outstanding all year was $700,000 of 5% bonds, which are convertible into 15,000 shares of common. Tamarisk's tax rate is 30 percent. Compute Tamarisk's 2020 diluted earnings per share. (Round answer to 2 decimal places, eg. 3.55.) Diluted earnings per share $ ta

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