Question: quickly please i give you a straight like and please answer in in 3 digit number such as 5.333 On January 1, 2011 APPLE .
On January 1, 2011 APPLE . had 140000 shares, On April 1, 2011 APPLE sold 40000 shares, on July 1,2011 apple makes a 2:1 stock split on Dec 1, 2011 apple distribute 0.12 stock dividend, Net income for 2011 was $3100000. The tax rate was 35%. In addition, Apple had the following debt and equity securities on its books on December 31, 2011: a. 30000 shares of $100 par, 0.1 cumulative preferred stock b. 4000 bond of 0.1 interest, Each bond is converted into 40 shares of common stock. Face value $1000 C.45000 shares of $100 par, $1.8 cumulative preferred stock, par $100. Each share of preferred stock is convertible into 5 shares of common stock. hat is the weighted average number of common stock what is the basic eps? what is the diluted EPS
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