a ) Compute the weighted average number of shares to be used in computing earning per share for 2020

Assume that the following relative to one company for 2010 is available Net Income caller ta - tax rate of 40.) 52.100.000 Transactions in Common Shares Jan 1, 2013. Beginning number Mar 1, 2013. Purchase of treasury shares June 1, 2013. Stock split 2-1 Nov. 1. 2013. Issuance of shares (60.000) 700,000 640,000 1,280.000 640,000 180.000 1,460,000 Convertible Bonds Payables Sold at par and interest rate of 6%, convertible into 200,000 shares $5,000,000 of common (adjusted for split). Stock Options Exercisable at the option price of S25 per share. Average market price in 2020, $30 (market price and option price adjusted for split). 90,000 shares Use this information for the next two questions. Question 26 a. Compute the weighted average number of shares to be used in computing e B I y A - A - Ix Ex? , e Vx GT 12pt Paragraph Question 27 b. Compute the basic and dilutive earnings per share, if any, for 2020. Assume that the weighted-av- for basic earnings per share is 1,350,000 shares of common stock. (Round to the nearest penny.) B IU A - A - IX E 33 x'x, : EE V GT 12pt Paragraph Assume that the following relative to one company for 2010 is available Net Income caller ta - tax rate of 40.) 52.100.000 Transactions in Common Shares Jan 1, 2013. Beginning number Mar 1, 2013. Purchase of treasury shares June 1, 2013. Stock split 2-1 Nov. 1. 2013. Issuance of shares (60.000) 700,000 640,000 1,280.000 640,000 180.000 1,460,000 Convertible Bonds Payables Sold at par and interest rate of 6%, convertible into 200,000 shares $5,000,000 of common (adjusted for split). Stock Options Exercisable at the option price of S25 per share. Average market price in 2020, $30 (market price and option price adjusted for split). 90,000 shares Use this information for the next two questions. Question 26 a. Compute the weighted average number of shares to be used in computing e B I y A - A - Ix Ex? , e Vx GT 12pt Paragraph Question 27 b. Compute the basic and dilutive earnings per share, if any, for 2020. Assume that the weighted-av- for basic earnings per share is 1,350,000 shares of common stock. (Round to the nearest penny.) B IU A - A - IX E 33 x'x, : EE V GT 12pt Paragraph