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Home Q & A Board Other Fields Homework Help Business Accounting
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angelo727 angelo727
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5 years ago
A company earned $20,000 in 20x3 and had 20,000 common shares outstanding the entire year.
The following four potentially dilutive securities were also outstanding the entire year. The
numerator and denominator of the D/A ratios are as indicated.
Effect of Assumed Conversion
Numerator Denominator
#1 $8,000 12,000
#2 4,000 25,000
#3 6,000 10,000
#4 1,000 12,000
What is the diluted EPS?
A) $ .44
B) $ .32
C) $1.00
D) $ .81
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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brandanb6brandanb6
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5 years ago
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angelo727 Author
wrote...
#2
5 years ago
Just confirmed the same answer from my friend, thanks
wrote...
#3
3 years ago
Thanks for your help
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