Question: Please explain Computing EPS: Convertible Bonds Common shares outstanding for the year were 725,000 . The relevant tax rate is 25%. a. Compute basic earnings

Please explain Computing EPS: Convertible Bonds Common shares outstanding for the year Please explain

Computing EPS: Convertible Bonds Common shares outstanding for the year were 725,000 . The relevant tax rate is 25%. a. Compute basic earnings per share. b. Compute diluted earnings per share. Note: Enter the earnings per share amounts in dollars and cents, rounded to the nearest penny

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