Question: Matices Corp has 11,000,000 bonds convertible into 4 shares per $1000 bond Mittees has 580.000 outstanding shares Mines has tax rate of 45%. The average
Matices Corp has 11,000,000 bonds convertible into 4 shares per $1000 bond Mittees has 580.000 outstanding shares Mines has tax rate of 45%. The average Anbond yield at the time of me was 17. Compute the basic earnings per share" if after tax earnings are $760,000. (Round your answer to 2 decimal pinces) Multiple Choice o $131 $0.91 OSOD $101
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