Homework Answers
Please find below: (Assuming income tax already adjusted in Net income).
| Poppy Corp. | Seed Co. | |
| Net Income | 46000 | 36000 |
| Common Stock ($10 par value) | 300000 | 100000 |
| Common Stock, Shares | 30000 | 10000 |
| Convertible Bonds to Common Stock | 0 | 10000 |
| Diluted Shares | 30000 | 20000 |
| Basic Earnings Per Share | 1.53 | 3.60 |
| Diluted Earnings Per Share | 1.53 | 1.80 |
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can someone please assist with these questions
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can someone please assist with these questions
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