The information below pertains to Barkley Company for 2013. There were no changes during 2013 in the
Question:
The information below pertains to Barkley Company for 2013.
There were no changes during 2013 in the number of common shares, preferred shares, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 75,000 shares of common stock at $20 per share.
Instructions
(a) Compute basic earnings per share for 2013.
(b) Compute diluted earnings per share for 2013.
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a Net income 1200000 Number of common shares 6000000 Basic earnings per ...View the full answer
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