This math makes no sense:
Shares Offers remarkable before the issuance shares gave
shares
On June Skysong Company and Concord Company merged to form Marigold Inc. A total of shares were issued to complete the merger. The new corporation reports on a calendaryear basis. On April the company issued an additonal shares of stock for cash. All shares were outstanding on December Marigold Inc. also issued $ of year, convertible bonds at par on July Each $ bond converts to shares of common at any interest date. None of the bonds have been converted to date. Marigold Inc. is preparing its annual report for the fiscal year ending December The annual report will show earnings per share figures based upon a reported aftertax net income of $The tax rae is Determine the following for a the number of shares to be used for calculating: round answers to decimal places, eg Basic earnings per shareshares, Diluted earnings per share shares, b The earnings fiigures to be used for calculating: Round answers to decimal places, eg Basic earnings per share $ Diluted earnings per share $