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At December 31, 2021, the financial statements of Hollingsworth Industries included the following Net income for 2021 Bonds payable, 8%, convertible into 44 million
At December 31, 2021, the financial statements of Hollingsworth Industries included the following Net income for 2021 Bonds payable, 8%, convertible into 44 million shares of common stock Common stock Shares outstanding on January 1 Treasury shares purchased for cash on September 1 Additional data: The bonds payable were issued at par in 2019. The tax rate for 2021 was 25% Required: $500 million $450 million 300 million) 42 million Compute basic and diluted EPS for the year ended December 31, 2021. (Do not round intermediate calculations. Round "Earnings per share" answers to 2 decima ces. Enter your answers in millions (ie., 10,000,000 should be entered as 10).) Numerator Basic Diluted Denominator Earnings per share
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