Blue ice inc. is an american corporation. the company started out as a 1. between nick selver and rita andrew in 1985. in 2001, the 2. decided to their company so they could sell company stock on the . blue ice raised $10 billion with its ipo. it was one of the biggest ipos of 2001. 1. competition, corporation, partnership, sole proprietorship 2. consumers, members, partners 3. dissolve, incorporate, nationalize, privatize 4. farmers market, internet, stock market

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share