Assume the parent owns 90% of the subsidiary and has an adjusted internally generated net income of $100,000 and 5,000 shares of common stock outstanding.Also assume the parent has dilutive bonds outstanding that are convertible into 2,000 shares of common stock and the interest paid on these bonds was $4,000.What is the consolidated diluted earnings per share (DEPS) if the subsidiary data include: 3,000 shares of common stock, 150 shares of convertible bonds that are held by parent, 5 shares of common stock that are from convertible bonds outstanding by subsidiary and subsidiary diluted earnings per share of $ 6.88.

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The Answer of Assume the parent owns 90% of the subsidiary and has an adjusted internally generated net income of $100,000 and 5,000 shares of common stock outstanding.Also assume the parent has dilutive bonds outstanding that are convertible into 2,000 shares of common stock and the interest paid on these bonds was $4,000.What is the consolidated diluted earnings per share (DEPS) if the subsidiary data include: 3,000 shares of common stock, 150 shares of convertible bonds that are held by parent, 5 shares of common stock that are from convertible bonds outstanding by subsidiary and subsidiary diluted earnings per share of $ 6.88.

Assume the Parent Owns 90% of the Subsidiary and Has