Current Attempt in Progress
In Blossom Enterprises issued, at par, $ bonds, each convertible into shares of common stock. Blossom had revenues of $ and expenses other than interest and taxes of $ for Assume that the tax rate is Throughout shares of common stock were outstanding; none of the bonds was converted or redeemed.
a Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share $
b Assume the same facts as those assumed for part a except that the bonds were issued on September rather than in and none have been converted or redeemed. Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share $
c Assume the same facts as assumed for part a except that of the bonds were actually converted on July Compute diluted earnings per share for Round answer to decimal places, eg
Earnings per share $
