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7. The following information is available for Barone Corporation: Compute the welghted average shares outstanding for the year on December 3114,2019 a. 2,825,500 b. 2,737,500

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7. The following information is available for Barone Corporation: Compute the welghted average shares outstanding for the year on December 3114,2019 a. 2,825,500 b. 2,737,500 c. 2,725,000 d. 1,706,250 8. On January 2, 2019, Worth Co. issued at par 2,000,000 of 7% convertible bonds; each f,000 bond is convertible into 20 ordinary shares. As of Dec 31st2019, the accrued interest expense on the convertible bonds was f30,000 During 2019, Worth Co. had 200,000 ordinary shares outstanding and net income was 600,000 and the income tax rate was 30%. Compute Worth's diluted EPS for 2019 (round up to nearest decimal): a. 2.60 c. E3.00 d. 3.50

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