This year, Eberswalde had €25 million in profits. Eberswalde had 25,000 common shares and 5,000 preferred shares outstanding all year. Of these preferred shares, 2,500 are convertible into 3 common shares each. Eberswalde also had €5 million in convertible bonds with a face value of €1,000 each. Each of these bonds is convertible into 8 common shares. Eberswalde agreed to pay its main supplier of cast iron soundboards with 5,000 common shares. How many (potentially) dilutive common shares does Eberswalde have this year?

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The Answer of This year, Eberswalde had €25 million in profits. Eberswalde had 25,000 common shares and 5,000 preferred shares outstanding all year. Of these preferred shares, 2,500 are convertible into 3 common shares each. Eberswalde also had €5 million in convertible bonds with a face value of €1,000 each. Each of these bonds is convertible into 8 common shares. Eberswalde agreed to pay its main supplier of cast iron soundboards with 5,000 common shares. How many (potentially) dilutive common shares does Eberswalde have this year?

This Year, Eberswalde Had €25 Million in Profits