BIOLOGY, BOTANY AND ENGLISH
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A document which is an illegal copy of something. made for the purpose of deception, is known as counterfeit.
Here is the answer to the given question above. According to the Citizens for Roadside Safety, the percentage of motorists that have witnessed an act of aggressive driving in the past year is 70% but only 30% of it admitted their aggressiveness. Hope this answers your question. Have a great day!
Answer: $123,583.90
Explanation:
Given the following Parameters,
Net income = $120,226,
Interest rate = 9%
Tax = 30%
The following formula then applies,
Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding
Now, Interest(Before tax) = $53,300 * 0.09 = $4797
Now we have to calculate it After Tax
= 4,797 (1-tax rate)
= 4,797(1-0.3)
= $3,357.90
The numerator is,
= (Net income + Interest after tax)
= 120,226 + 3,357.90
= $123,583.90
The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90
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