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Question 20 Pharosh Horizon Corp had the following items, all of which were outstanding throughout the entire fiscal year ending September 30, 2018! . 760,000 common shares 320,000 $3 cumulative, no-para preferred share Options to purchase 100,000 .common shares at si per share. The average market price of Shardais common shares during the yem a $20 ber share. None of the options were exercised or expired during fiscal 2018 1944 bond than face lue of $2.000.000, convertible to 45.000 common shares Pharoah's nut income for fiscal 2018 was $200,000 and its tax rate 154. Dretarred indende had been paid in alor fiscal Calculate pharga manningsparator the implicis. nor the requirement to record the debe and Equity portions of the convertible bond Round answer to 2 decimal places, 15.25.) Brindere Singh Quand pants based on the point potential police set Attempts. Douca SIT A Address