What is diluted earnings per share for the year ended

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Question: At december 31 2024 sherdian company had 1209000 shares of common stock outstanding on october 1 2025 an additional 409000 shares of common stock were issued. in addition sherdian had 14040000 of 5% convertible bonds outstanding at december 31 2024 that are convertible into 799000 shares of common stock. no bonds were converted into common stock in 2025. the net income for the year ended december 31 2025 was 5268900. assumming an income tax rate of 30% what is diluted earnings per share for the year ended december 31 2025

Reference no: EM133609405

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