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NOTE 4 EARNINGS PER SHARE
12 Months Ended
Mar. 31, 2020
Notes  
NOTE 4 EARNINGS PER SHARE NOTE 4 EARNINGS PER SHARE

 

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock. Diluted net loss per share is not reported where the diluted earnings per share would be anti-dilutive. The following reconciles amounts reported in the financial statements for the years ended:

 

 

 

2020

 

2019

Net loss available to common shareholders

$

(773,399)

$

(230,107)

Weighted average common shares outstanding

 

5,836,832

 

4,769,369

Basic and diluted net loss per share

$

(0.13)

$

(0.05)