Aster Corp.has $1, 000, 000, 6%, nonconvertible bonds due in 2015 and $1, 500, 000, 3%, convertible bonds due in 2012.The basic earnings per share is $1.25 and the diluted earnings per share is $1.18.Based upon this information, Aster must disclose

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The company must disclose both basic earnings per share and diluted earnings per share because the convertible bonds are dilutive. The fact that there are nonconvertible bonds does not affect the disclosure requirements. Additionally, while the convertible bonds must be disclosed in the financial statements, they would be included in the liabilities section of the balance sheet, not in the stockholders' equity section.