Question: PRINTER VERSIONBACK NEXT SOURCES Additional Problem 9 Bridgeport Corporation reported net income for the fiscal year ended September 30, 2017 of $1,520,000. The company had

PRINTER VERSIONBACK NEXT SOURCES Additional Problem 9 Bridgeport Corporation reported net

PRINTER VERSIONBACK NEXT SOURCES Additional Problem 9 Bridgeport Corporation reported net income for the fiscal year ended September 30, 2017 of $1,520,000. The company had 188,000 weighted average common shares outstanding for the year. The common shares sold at average market price of $25 per share during the period. Also outstanding during the fiscal year were warrants that could be used to purchase 12 common shares each at a price of $15. None of the warrants were exercised during the fiscal year blent 2 blem.1 Are the warrants dilutive? s by Study Calculate basic earnings per share. (Round answer to 2 decimal places, eo. 15.25) $ Basic earnings per share Calculate diluted earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Diluted earnings per share

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