Sunland Co. has 4770000 shares of common stock outstanding on December 31, 2024. An additional...
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Sunland Co. has 4770000 shares of common stock outstanding on December 31, 2024. An additional 204000 shares are issued on April 1, 2025, and 486000 more on September 1. On October 1, Sunland issued $5970000 of 8% convertible bonds. Each $1,000 bond is convertible into 40 shares of its 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, respectively, on December 31, 2025 are 5085000and5085000,5865300and5297700.5085000and5144700.5085000and2982300
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