Calculate Diluted EPS considering Both Convertible Preferred Shares and Options: Given: Net Income =$250,000; Average Common Shares
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate Diluted EPS considering Both Convertible Preferred Shares and Options:
Given: Net Income =$250,000; Average Common Shares Outstanding =100,000; Convertible Preferred Shares =10,000 (each convertible into 1 common share); Stock Options =5,000 (each option can be converted into 1 common share at $20, current market price is $40
Related Book For
Financial Reporting And Analysis
ISBN: 9781260247848
8th Edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
Posted Date: