Assume a corporation has $400,000 in earnings and 200,000 shares outstanding ($2 in earnings per share). Also

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Assume a corporation has $400,000 in earnings and 200,000 shares outstanding ($2 in earnings per share). Also assume there are warrants outstanding to purchase 40,000 shares at $25 per share. The stock is currently selling at $40 per share. In considering the effect of the warrants outstanding, what would revised earnings per share be? Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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