Waterway Industries had 200000 shares of common stock, 19300 shares of convertible preferred stock, and $592000 of 12% convertible bonds outstanding during 2021. The preferred stock is convertible into 39400 shares of common stock. During 2021, Waterway paid dividends of $0.55 per share on the common stock and $1.70 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2021 was $364000 and the income tax rate was 30%. Diluted earnings per share for 2021 is (rounded to the nearest penny)

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A:

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Q: Uramilaben

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.