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Better Home, Inc. has net income (30% tax rate) of $1,800,000 for an average number of shares outstanding during the year of 500,000 shares. The
Better Home, Inc. has net income (30% tax rate) of $1,800,000 for an average number of shares outstanding during the year of 500,000 shares. The corporation issued $ 2,000,000 par value of 10-year, 9% convertible bonds on January 1, 2016 at a $180,000 discount. The convertible bonds are convertible into 70,000 shares of common stock . Compute the earnings per share data , excluding any note if required?
Show works computation on Diluted Earnings per share by formula. please.
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