Subject - Acounting Question 24 of 40View Policies-/2.5Current Attempt in ProgressCarla Vista Corporation had net income for the year of $714000 and weighted average common shares outstanding during the periodof 258000 shares. The company also has a convertible bond issue outstanding. The bonds were issued four years ago at par of$2900000, carry a 6% interest rate, and are convertible into 50500 shares of common stock. The company has a 15% tax rate. Dilutedearnings per share isO $2.79.$184.O $2.67$2,88

To calculate the diluted earnings per share (EPS) for Carla Vista Corporation, we need to consider…

Answered: Question 24 of 40 View Policies -/2.5 1…

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