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At the beginning of 2 0 2 5 , Culver Industries had 2 7 , 0 0 0 shares of common stock issued and outstanding
At the beginning of Culver Industries had shares of common stock issued and outstanding and of $ bonds issued at par each convertible into shares of common stock. During Culver had revenues of $ and expenses other than interest and taxes of $ Assume that the tax rate is None of the bonds was converted or redeemed.
a Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share $
b Assume the same facts as those assumed for part a except that the bonds were issued on September rather than in a prior year and none have been converted or redeemed. Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share $
c Assume the same facts as assumed for part a except that of the bonds were actually converted on July Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share
$
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