单选题
编号:2692095
1. A company had the following changes in its stock:
·The company had 2 million shares outstanding on December 31, 20X6.
·On March 31,20X7, the company paid a 10% stock dividend.
·On June 30,20X7, the company sold $10 million face value of 7% convertible debentures, convertible into common at $5 per share.
·On September 30,20X7, the company issued and sold 100,000 shares of common stock.
The company should compute its 20X7 basic earnings per share based on:
- A.2,225,000 shares.
- B.2,250,000 shares.
- C.3,225,000 shares.