Question: Diluted EPS would be precisely the same whether convertible secu
Diluted EPS would be precisely the same whether convertible securities were actually converted or not. Why?
Answer to relevant QuestionsWhen the income statement includes one or more of the separately reported items, such as discontinued operations or extraordinary items, which amounts require per share presentation?Under its executive stock option plan, National Corporation granted options on January 1, 2011, that permit executives to purchase 12 million of the company's $1 par common shares within the next six years, but not before ...On October 1, 2011, Farmer Fabrication issued stock options for 100,000 shares to a division manager. The options have an estimated fair value of $6 each. To provide additional incentive for managerial achievement, the ...Kmart Holding Co. included the following disclosure note in an annual report:Required:1. Based on the information provided in the disclosure note, determine the weighted average market price of the restricted stock issued.2. ...Hardaway Fixtures' balance sheet at December 31, 2010, included the following:On July 21, 2011, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $50,000 cash dividends on the preferred stock. ...
Post your question