Question: View Policies Current Attempt in Progress Oriole Corporation earned net income of $497,700 in 2020 and had 113,000 shares of common stock outstanding throughout the

View Policies Current Attempt in Progress Oriole Corporation earned net income of $497,700 in 2020 and had 113,000 shares of common stock outstanding throughout the year. Also outstanding all year was $900,000 of 5% bonds, which are convertible into 19,000 shares of common. Oriole's tax rate is 30 percent. Compute Oriole's 2020 diluted earnings per share. (Round answer to 2 decimal places, eg. 3.55.) Diluted earnings per share $ eTextbook and Media Save for Later Attempts: unlimited Submit

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