Laurelli Builders (LB) reported the following fi nancial data for year-end December 31: Which statement about the
Question:
Laurelli Builders (LB) reported the following fi nancial data for year-end December 31:
Which statement about the calculation of LB’s EPS is most accurate?
A . LB’s basic EPS is $1.12.
B . LB’s diluted EPS is equal to or less than its basic EPS.
C . Th e weighted average number of shares outstanding is 2,210,000.
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Related Book For
International Financial Statement Analysis Workbook
ISBN: 9781119628095
4th Edition
Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie
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