Bonnie Inc. has 500, 6%, $1,000 face amount bonds outstanding during the entire year. The bonds were issued at face. Each bond is convertible into 14 shares of common stock. The company's tax rate is 30%. What would be the effect of the assumed conversion on the numerator of diluted EPS
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Bonnie Inc. has 500, 6%, $1,000 face amount bonds outstanding during the entire year. The bonds were...
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