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Current Attempt in Progress Bramble Corp. has 2870000 shares of common stock outstanding on December 31, 2020. An additional 160000 shares of common stock were
Current Attempt in Progress Bramble Corp. has 2870000 shares of common stock outstanding on December 31, 2020. An additional 160000 shares of common stock were issued on July 1, 2021, and 302000 more on October 1, 2021. On April 1, 2021, Bramble issued 6500, $1,000 face value, 9% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in 2021. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2021? 3340500 and 3520500 3025500 and 3025500 3025500 and 3220500 O 3025500 and 3019500
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