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Please show how to incorporate November 1 calculation The following information pertains to Petit Four Inc. Each $1,000 bond is convertible into 20 shares of

image text in transcribedPlease show how to incorporate November 1 calculation

The following information pertains to Petit Four Inc. Each $1,000 bond is convertible into 20 shares of common stock at the option of the bondholder. The bc nds were outstanding all year. The company computes diluted EPS using the if-converted method. Calculate basic and diluted EPS for the year assuming that the convertible bonds were issued on November 1. $2.91$2.80 $2.19$2.19 $2.91$2.91 $2.91$2.89

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