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A company has no other potentially dilutive securities an

Question - A company has:

Net income of $ 750,000

An average of 690,000 shares of common stock outstanding $50,000 of 6% convertible bonds outstanding that are convertible into a total of 10,000 shares

No other potentially dilutive securities

An effective tax rate is 30%

What is the company's basic EPS?

What is the diluted EPS?

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Accounting Basics: A company has no other potentially dilutive securities an

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Accounting Basics: A company has no other potentially dilutive securities an

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