Solved: There were no changes during 2010 in the number of common, Cost Accounting

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There were no changes during 2010 in the number of common

There were no changes during 2010 in the number of common shares, preferred share, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in prior year) to purchase 75,000 shares of common stock at $20 per share.

(a) Compute basic earnings per share for 2010.
(b) Compute diluted earnings per share for 2010.

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Cost Accounting: There were no changes during 2010 in the number of common

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Cost Accounting: There were no changes during 2010 in the number of common

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