What is the shares used in computing beps, Accounting Basics

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What is the shares used in computing beps

2,500,000 shares of c/s outstanding on Dec. 31, 2009. Additional 500,000 shares of c/s were issued on April 1, 2010 and 250,000 more on July 1, 2010. On Oct. 1, 2010 issued 5,000 $1000 face value, 7% convertible bonds. Each bond is convertible into 40 shares of c/s. No bonds were converted into c/s in 2010. What is the # of shares used in computing BEPS and diluted EPS?

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Accounting Basics: What is the shares used in computing beps

Reference No:- TGS0704651

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Recent Questions Asked Accounting Basics

Q : What is the diluted eps

Q : What would the amounts shown as ending inventory

Q : How much cash would be freed-up

Q : Structure of the thiosulphate ion

Q : What is the shares used in computing beps

Q : .what would dso be if all customers paid on time

Q : What is the shares used to compute diluted eps

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the shares used in computing beps

Reference No:- TGS0704651

Recent Questions Asked Accounting Basics

Q : What is the diluted eps

Q : What would the amounts shown as ending inventory

Q : How much cash would be freed-up

Q : Structure of the thiosulphate ion

Q : What is the shares used in computing beps

Q : .what would dso be if all customers paid on time

Q : What is the shares used to compute diluted eps

Q : Structures of two dichlorides

Q : Explain depreciation of equipment

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