Current Attempt in Progress Sunland Co. has 4770000 shares of common stock outstanding on December 31, 2024. An additional 204000 shares are issued on April 1, 2025, and 486000 more on September 1. On October 1, Sunland issued $5970000 of 8% convertible bonds. Each $1,000 bond is convertible into 40 shares of its common stock. No bonds have been converted. The number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, on December 31, 2025 are O 5085000 and 5085000, O 5865300 and 5297700. O 5085000 and 5144700. 5085000 and 2982300

Current Attempt in Progress Sunland Co. has 4770000 shares of common stock outstanding on December 31, 2024. An additional 204000 shares are issued on April 1, 2025, and 486000 more on September 1. On October 1, Sunland issued $5970000 of 8% convertible bonds. Each $1,000 bond is convertible into 40 shares of its common stock. No bonds have been converted. The number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, on December 31, 2025 are O 5085000 and 5085000, O 5865300 and 5297700. O 5085000 and 5144700. 5085000 and 2982300

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1
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Subject: acounting