ACC2363_QUIZ 1_Q #90

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Algonquin College *

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2363

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History

Date

Nov 24, 2024

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pdf

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1

Uploaded by ok1807

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View Policies Show Attempt History Your answer is correct. At December 31, 2022, Indigo Corp. had 1004000 common shares outstanding (no preferred shares issued). An additional 100400 shares were issued on April 1, 2023, and 242100 more on September 1. On October 1, Indigo issued $3006000 (par value) 9% convertible bonds. Each $1000 bond is convertible into 40 common shares. No bonds have been converted yet. The number of shares to be used in calculating basic earnings per share and diluted earnings per share for 2023 is 1160000 and 1190060. 1160000 and 1160000. 1546410 and 1667460. 1160000 and 1281050. eTextbook and Media Attempts: 1 of 3 used
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