Question: Using the provided financial data, calculate the earnings per share (EPS) and diluted EPS for Berkshire Hathaway Inc. for the year 2023. Data: net income
- Using the provided financial data, calculate the earnings per share (EPS) and diluted EPS for Berkshire Hathaway Inc. for the year 2023. Data: net income $10,000,000, preferred dividends $500,000, common shares outstanding 6,000,000, stock options convertible into 600,000 shares. Discuss the impact of dilution on the company’s earnings per share and overall financial performance.
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