Cleantech Solutions International reports the following information in footnotes to its 2012 Form (10-mathrm{K}). a. Explain the
Question:
Cleantech Solutions International reports the following information in footnotes to its 2012 Form \(10-\mathrm{K}\).
a. Explain the concepts of basic and diluted earnings per share.
b. Compute basic and diluted EPS for 2012.
c. What is the effect of dilutive securities on EPS, in percentage terms?
Transcribed Image Text:
Net income available to common shareholders for basic and diluted net income per common share...... Weighted average common shares outstanding-basic. Effect of dilutive securities: Series A convertible preferred stock Warrants... Weighted average common shares outstanding-diluted... $4,198,580 2,538,246 103,149 7,648 $2,649,043
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Financial And Managerial Accounting For MBAs
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