Question: Your answer is incorrect. Calculate basic earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share $ eTextbook and Media

Your answer is incorrect. Calculate basic earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share $ eTextbook

Your answer is incorrect. Calculate basic earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share $ eTextbook and Media (c) Calculate diluted earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Diluted earnings per share $ Sandhill Corporation earned $476,700 during a period when it had an average of 105,000 common shares outstanding. The common shares sold at an average market price of $20 per share during the period. Also outstanding were 18,500 warrants that could each be exercised to purchase one common share for $12. (a) Your answer is correct. Are the warrants dilutive? eTextbook and Media Attempts: 1 of 3 used (b)

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