Question: Estimating EPS from Statement of Equity Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the fiscal year ended Year
Estimating EPS from Statement of Equity
Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the fiscal year ended Year millions
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.
b Would we expect the company to report diluted earnings per share?
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