Whose tour kicked off at Rustenburg on 30 May 2009?

Paul Company had 100,000 shares of common stock outstanding on January 1, 2009. On September 30, 2009, Paul so?

• Paul Company had 100,000 shares of common stock outstanding on January 1, 2009. On September 30, 2009, Paul sold 48,000 shares of common stock for cash. Paul also had 10,000 shares of convertible preferred stock outstanding throughout 2009. The preferred stock is $100 par, 6%, and is convertible into 3 shares of common for each share of preferred. Paul also had 500, 8%, convertible bonds outstanding throughout 2009. Each $1,000 bond is convertible into 30 shares of common stock. The bonds sold originally at par. Reported net income for 2009 was $300,000 with a 40% tax rate. The regular common and preferred dividends were paid in 2009. Compute basic earnings per share for 2009

• Answer:

  After some quick calculations just in my head, I come out with about 50 cents a share. To get the precise, correct answer with the your work shown, you need to do your own homework.