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Could you please show me the calculation with full details? Thank you! 1.A company had the following changes in its stock: The company had 2
Could you please show me the calculation with full details? Thank you!
1.A company had the following changes in its stock: The company had 2 million shares outstanding on December 31, 20X6 On March 31, 20X7, the company paid a 10% stock dividend. On June 30, 20X7, the company sold $10 million face value of 7% convertible debentures, convertible into common at S5 per share. On September 30, 20X7, the company issued and sold 100,000 shares of common stock. . . . company should compute its 20x2/basic earnings per share based on A.|2,225,000 shares. B. 2,250,000 shares C. 3,225,000 shares
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