Bonita Industries, has 4230000 shares of common stock outstanding on December 31, 2020. An additional 803000 shares of common stock were issued on April 1, 2021, and 391000 more on July 1, 2021. On October 1, 2021, Bonita issued 19000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 2021. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively? A. 5027750 and 5122750 B. 5027750 and 5422750 C. 5027750 and 5027750 D.

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A: The budget is prepared to estimate the requirements for the future period. 

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A:

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A: Solution..   Net income 

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A: calculation of value of inventory at lower of cost or market  method

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A: The correct answer is option (c)50

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A: correct option with proper explanation are as follows

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A:  

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A:

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Q: t Assets and Non-

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A: The answer is stated below:

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A:

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.