CarroltonInc. has four potentially dilutive securities. Computation of the antidilution sequencing recorded the following: Security
Question:
CarroltonInc. has four potentially dilutive securities. Computation of the antidilution sequencing recorded the following:
Security Increase in Income Increase in Common Shares
Convertible Preferred Stock $32,000 10,000
Stock Warrants $0 9,000
Stock Options $0 3,000
Convertible Bonds $14,000 6,000
What is the correct order of entry into the EPS computation?
A. convertible bonds, convertible preferred stock, stock warrants
B. stock options, stock warrants, convertible bonds, convertible preferred stock
C. convertible preferred stock, stock warrants, convertible bonds, stock options
D. stock options, convertible bonds, convertible preferred stock, stock warrants
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith