Question: Note: Must complete in EXCEL (show your work for maximum points). Problem 1-10 points 2020 2019 2018 Net Earnings $ 2,181,200,000 $ 1,752,700,000 $

Note: Must complete in EXCEL (show your work for maximum points). Problem1-10 points 2020 2019 2018 Net Earnings $ 2,181,200,000 $ 1,752,700,000 $

Note: Must complete in EXCEL (show your work for maximum points). Problem 1-10 points 2020 2019 2018 Net Earnings $ 2,181,200,000 $ 1,752,700,000 $ 2,131,000,000 Average number of common shares-basic EPS 608,100,000 600,400,000 576,800,000 Incremental Dilutive Impact: Stock options Restricted stock units, performance share units, and other 2,700,000 2,500,000 3,100,000 6,900,000 1,900,000 2,000,000 1 (above) Using General Mills actual data (i.e. net earnings, common share, etc.) show how each of the basic and diluted EPS amounts were calculated (show your work and label the inputs). General Mills basic and diluted EPS (Earnings Per Share) for fiscal years 2020, 2019, and 2018 are as follows: 2020 2019 2018 Basic $ 3.59 $ 292 $ 3.69 Diluted $ 3.56 $ 2.90 $ 3.64

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!