Question: Prepare responses after reading the following 2 exercises. Provide Codification references for your responses. Exercise #2 A. Access the glossary (Master Glossary) to answer the

 Prepare responses after reading the following 2 exercises. Provide Codification references
for your responses. Exercise #2 A. Access the glossary ("Master Glossary") to
answer the following: 1. What is the definition of "basic earnings per

Prepare responses after reading the following 2 exercises. Provide Codification references for your responses. Exercise #2 A. Access the glossary ("Master Glossary") to answer the following: 1. What is the definition of "basic earnings per share"? 2. What is "dilution"? 3. What is a "warrant"? 4. What is a "grant date"? B. For how many periods must a company present EPS data? C. For each period that an income statement is presented, what must a company disclose about its EPS? D. If a company's outstanding shares are increased through a stock dividend or a stock split, how would that alter the presentation of its EPS data? Provide Codification references for all responses. This assignment will allow you to become familiar with the FASB Accounting Standards Code (ASC)

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