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Business, 31.03.2020 00:54 bakoeboo

Crane Company has 4830000 shares of common stock outstanding on December 31, 2020. An additional 195000 shares are issued on April 1, 2021, and 471000 more on September 1. On October 1, Crane issued $5910000 of 10% convertible bonds. Each $1,000 bond is convertible into 40 shares of 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 on December 31, 2021 is

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Crane Company has 4830000 shares of common stock outstanding on December 31, 2020. An additional 195...
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