Answer Happy

GLL Company's Basic EPS in 2020 is $3.98. Tax Rate was 25%. Selected information from Dec 31, 2020 Balance Sheet is presented below. Long-term debt: Bonds payable due Dec. 31, 2026, 10% (issued at par) Bonds payable, face value $9,000,000, due Dec. 31, 2027, 7.25%, convertible into common shares at the investor's option at the rate of two shares per $100 of bonds 9,000,000 Shareholders' equity: Preferred shares, $4.50 cumulative, convertible into common shares at the rate of two common shares for each preferred share, 120,000 shares outstanding 4) Time left 1:40:19. 5,000,000 <P Preferred shares, $3.00 cumulative, convertible into common shares at the rate of one common share for each preferred share, 400,000 shares outstanding Common Shares, 1,700,000 outstanding for the whole year There were no issuance of common shares during the 2020 fiscal year, and no conversions. Based on the information above, please answer the following questions. 1. The most dilutive instrument (Rank-1) is: 2. The second most dilutive instrument (Rank-2) is: 3. The least dilutive instrument is (Rank-3) is: 45 5,500,000 10,000,000 6,000,000 Using information from the previous question, GLL company's Diluted EPS for 2020 is: (Round to two decimal places, do not use $ sign. Example: 1.23)