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Category > Business & Finance Posted 03 Aug 2017 My Price 5.00

Rockland Corporation earned

Rockland Corporation earned net income of $300,000 in 2010 and had 100,000 shares of common stock outstanding throughout the year. Also outstanding all year was $800,000 of 10% bonds, which are convertible into 16,000 shares of common. Rockland’s tax rate is 40 percent. Compute Rockland’s 2010 diluted earnings per share

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Status NEW Posted 03 Aug 2017 09:08 AM My Price 5.00

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