What is the shares used to compute diluted eps, Accounting Basics

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What is the shares used to compute diluted eps

At Dec. 31,2010 had 7,000 shares of c/s issued and oustanding. April 1,2011 an additional 1,000 shares of c/s were issued and on July 1, 500 more shares were issued. Oct.1,2007 issued $10,000 face of 8% 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 to compute diluted EPS for the tear ended Dec. 2010?

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Accounting Basics: What is the shares used to compute diluted eps

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Accounting Basics: What is the shares used to compute diluted eps

Reference No:- TGS0704653

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Recent Questions Asked Accounting Basics

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

Q : How the new production process is implemented

Q : Required volume of the mixture

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the shares used to compute diluted eps

Reference No:- TGS0704653

Recent Questions Asked Accounting Basics

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

Q : How the new production process is implemented

Q : Required volume of the mixture

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