Dear Tutor,

I need assistance with the following questions.

250.Bow Company reported $239,000 net income for the current year. It has 100,000 shares of common shares outstanding for the entire year and another 50,000 shares of 3% nonconvertible, cumulative, $10 par value preferred shares outstanding for the entire year. The board of directors did not declare dividends in the current year. Compute basic earnings per share for the current year. Please show your work. 260.Dayton Company had 200,000 shares of common stock, 50,000 shares of convertible preferred stock, and $2,000,000 of 10% convertible bonds outstanding during the current year. The preferred stock was convertible into 40,000 shares of common stock. During the current year, Dayton paid dividends of $1.00 per share on the common stock and $2.00 per share on the preferred stock. Each $1,000 bond was convertible into 50 shares of common stock. The net income for the year was $1,000,000 The income tax rate was 30%. 1. Compute basic EPS. 2. What is the numerator for diluted EPS 3. What is the denominator for diluted EPS 270. On January 1, Year 1, Mallow Corp. began operations and issued 30,000 shares of $5 par common stock for $9 per share. On June 30, the company bought back 10,000 shares for $8 per share. Then, on September 1, the company resold 6,000 shares for $12.10 per share. Mallow had net income of $200,000 in year1 and paid dividends of $3,000 (in total) to the common shareholders. A. What is the numerator for the EPS computation for Year1? B. What is the denominator for the EPS computation for Year1