On December 31 . 2013 . Freulein Company had 8,000 shares of common stock issued and outstanding. On April 1 . 2014, an additional 1,500 shares of common stock were issued and on July 1 . 500 more shares were issued. On October 1 . 2014, Freulein issued 10, $1,000 maturity value, 8% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common

stock in 2014 . Assuming there are no antidilutive securities, what is the number of shares Freulein should use to compute diluted earnings per share for the year ended December 31 . 2014?
a. 9,325
b. 9,475
c. 9,525
d. 9,775


B

Business

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