Question: What amount should be reported as basic earnings per share? a. 11.45 b. 11.88 c. 10.33 d. 10.80 What amount should be reported as diluted

What amount should be reported as basic earnings per share? a.

What amount should be reported as basic earnings per share? a. 11.45 b. 11.88 c. 10.33 d. 10.80 What amount should be reported as diluted earnings per share? a. 8.30 b. 8.44 c. 8.34 d. 8.49

Pls be fast,

Atlantic Company provided the following information at the Ordinary share capital, P10 par value, 800,000 shares 8,000,000 5,000,000 beginning of the current year: 12% convertible bonds issued at face amount, each P1,000 bond is convertible into 80 ordinary shares May 1 Issued 60,000 ordinary shares for P30 per share. July i Purchased 100,000 treasury ordinary shares at P35 Oct. 1 Converted P2,000,000 face amount of bonds. Dec. 31 Net income for the year was P9,500,000. The tax rate is 30%. per share

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