Mizes 2013 net income was 160000 and the income tax rate, Ask an Expert

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On january 2, 2013, mize co. issued at par $300,000 of 9% convertible bnds. each $1,000 bond is convertible into 60 shares. no bonds were converted during 2013. mize 100,000 shares of common stock outstanding during 2013. mize's 2013 net income was 160,000 and the income tax rate was 30%. What is Mize's diluted earnings per share for 2013.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M948289

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