Select financial information for Barbara Inc. for its 20X6 fiscal year is provided below: Net income...

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Select financial information for Barbara Inc. for its 20X6 fiscal year is provided below: Net income for the year was $3,900,000 Net income attributable to the common shareholders is $3,600,000 The weighted average number of common shares outstanding for basic EPS was 2,200,000 shares The company had 500,000 employee stock options outstanding with an exercise price of $15.00. The average share price during 20X6 was $25.00. $4,000,000 of 5%, 10-year convertible bonds were outstanding. At the option of the holder, each $1,000 bond is convertible into 45 common shares. Barbara's corporate tax rate is 25%. What is the diluted EPS for Barbara for its 20X6 fiscal year? a $1.47 b.$1.30 €$1.45 d. $1.57 Select financial information for Barbara Inc. for its 20X6 fiscal year is provided below: Net income for the year was $3,900,000 Net income attributable to the common shareholders is $3,600,000 The weighted average number of common shares outstanding for basic EPS was 2,200,000 shares The company had 500,000 employee stock options outstanding with an exercise price of $15.00. The average share price during 20X6 was $25.00. $4,000,000 of 5%, 10-year convertible bonds were outstanding. At the option of the holder, each $1,000 bond is convertible into 45 common shares. Barbara's corporate tax rate is 25%. What is the diluted EPS for Barbara for its 20X6 fiscal year? a $1.47 b.$1.30 €$1.45 d. $1.57

Answer rating: 100% (QA)

Stock options Cash flow from the options excerised 50000015 7500000 Number of stock opti... View the full answer