Bramble Corp. Assignment | College Homework Help

Question 11 –1 View Policies Your answer has been saved. See score details after the due date. Bramble Corp. had 203000 shares of common stock, 19300 shares of convertible preferred stock, and $1580000 of 4% convertible bonds outstanding during 2021. The preferred stock is convertible into 39800 shares of common stock. During 2021. Bramble paid dividends of $0.80 per share on the common stock and $3 per share on the preferred stock. Each $1.000 bond is convertible into 30 shares of common stock. The net income for 2021 was $607000 and the income tax rate was 40%. Diluted earnings per share for 2021 is trounded to the nearest penny -$2.22 Attempts: 1 of 1 used