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in 2019 sage enterprise issued at par 60 $1000 8% homes each convertible into 100 shares of common stock. safe had revenues of $16000 shares
in 2019 sage enterprise issued at par 60 $1000 8% homes each convertible into 100 shares of common stock. safe had revenues of $16000 shares of common stock were outstanding nine of the bonds was converted or redeemed.
of $16,000 and expenses other than interest and taves of $6,700 for 2020 . Assume that the tax rate is 20W ) Throughout 2020,2400 shares of common stock were outstanding, none of the bonds was corverted or redeemed. (a) Compute diluted earnings per share for 2020 . (Round answer to 2 decimal ploces es.5255) Eamings pershare (b) Assume the same facts as those assumed for part (a), except that the 60 bonds wereissued on September 1.2020) (rather than in 2019), and none have been corverted or redeemed. Compute diluted eamings per share for 2020 . (Round anmer to 2 declma/ ploces. es. 52.55J Earringspershare $ (c) Asvume the sane facts as assumed for part (a), except that 20 of the 60 bonds were actually converfed ion ialy 1,2020 compute diluted earnings per share for 2020 , Round anower to 2 decimal ploces es $2.55 ) Earnings pershare 5 e Textbook and Media a. computer diluted earnings per share for 2002
b. assume the same facts as those assumed for past a except that the 60 bomds were issues on September 1,2020 nome have been converted or redeemed compute diluted earnings per share for 2020
c. assume the same facts as assumed for part a exept that the 20 of 60 bomds were actually converted on July 1 2020 compute diluted earnings per share for 2020
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