Basic Earnings per Share Calculations
This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!
Current assets 8,000
Total assets 30,000
Current liabilities 4,000
total liabilities 5,000
stockholders equity 27,000
net income 9,000
Average number of common shares outstanding = 10,000 shares
How much is basic earnings per share?
If the company's bonds can be converted by the bond holder into 20,000 additional common shares, how much is diluted earnings per share?
© BrainMass Inc. brainmass.com June 3, 2020, 11:15 pm ad1c9bdddf
How much is basic earnings per share is determined.