Question: Estimating EPS from Statement of Equity Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the scal year ended Year
Estimating EPS from Statement of Equity
Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the scal year ended Year millions
Conglomerate Y and SubsidiariesConsolidated Statement of EquityFiscal Year Ended December Year SharesAmountPreferred Stock$Repurchased Preferred StockBalance, beginning of yearRedemptionsBalance end of year$Common StockBalance, beginning of year$Repurchased common stockBalance end of year$Capital in Excess of Par ValueBalance, beginning of year$Stockbased compensation expenseStock option exercises, RSUs, PSUs and Yunits convertedWithholding tax on RSUs and PSUs convertedOtherBalance, end of year$Retained EarningsBalance, beginning of year$Net income attributable to Conglomerate YCash dividends declaredcommonCash dividends declaredpreferredCash dividends declaredRSUs and PSUsBalance end of year$
Definitions: RSU: restricted stock units; PSU: performance stock units; Yunits: Conglomerate Y equity performance units.
Required
a Using this information, estimate basic earnings per share.
Note: Round your answers to the nearest whole dollar.
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