Distinguish between basic earnings per share and fully diluted earnings per share.
Question:
Distinguish between basic earnings per share and fully diluted earnings per share.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 20% (5 reviews)
Earnings per share is calculated by dividing profit less pr...View the full answer
Answered By
Collins Omondi
I have been an academic and content writer for at least 6 years, working on different academic fields including accounting, political science, technology, law, and nursing in addition to those earlier listed under my education background.
I have a Bachelor’s degree in Commerce (Accounting option), and vast knowledge in various academic fields Finance, Economics, Marketing, Management, Social Science, Women and Gender, Business law, and Statistics among others.
4.80+
4+ Reviews
16+ Question Solved
Related Book For
Accounting Principles Volume 2
ISBN: 9781119786634
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Question Posted:
Students also viewed these Business questions
-
Distinguish between basic earnings per share and diluted earnings per share.
-
Explain the difference between basic earnings per share and diluted earnings per share.
-
A company computed basic earnings per share of $0.63 for 2020 as follows: Net income available to Common Shares = $570,000 Weighted average shares outstanding = 900,000 In addition, throughout the...
-
[21] The Assembler uses a Location Counter (LC) to: a) Keep track of the location of both instructions and operands being b) Count the number of symbols on the assembly program. c) Save the Pass...
-
Each of the following investments is independent of the others. 1. A bond that will mature in four years was bought one month ago when the price dropped. As soon as the value increases, which is...
-
Among all of the potential retailers that could be interested in an inner-city location, why have Loews Cineplex Entertainment, Starbucks, and T.G.I. Fridays been particularly interested in working...
-
eI2.12. Afirmcanhavea hightrailing PIE ratio,yethaveanexpected cum-dividend earningsgrowth rateaftertheforward yearthat is lessthantherequired rate.Is thisso?
-
A mixture of acetone and isopropanol containing 50 mol% acetone is to be distilled continuously to produce an overhead product containing 80 mol% acetone and a bottoms containing 25 mol% acetone. If...
-
The market price of a semi-annual pay bond is $987.33. It has 12 years to maturity and a coupon rate of 8.00%. If this bond has a par value of $1.000, what is the bond's yield to maturity? 1) None of...
-
Repeat Exercise 12.47 for a linear chain of eight lithium atoms. Data from Repeat exercise 12.47 The molecular-orbital diagrams for two- and four-atom linear chains of lithium atoms are shown in...
-
What are the two components of comprehensive income?
-
When calculating EPS: (a) Why is profit available to the common shareholders not always the same as profit? (b) Why is the weighted average number of shares used instead of the number of shares...
-
A piston cylinder contains 0.5 kg air at 500 kPa, 500 K. The air expands in a process so P is linearly decreasing with volume to a final state of 100 kPa, 300 K. Find the work in the process.
-
Required: Prepare the supporting schedules for your portfolio for presentation to Mandla the supervisor and senior administrator. The schedules for the portfolio need to cover the following: Part A...
-
Write a program that will predict the size of a population of organisms. The program should ask for the starting number of organisms, their average daily population increase (as a percentage), and...
-
Management is keen to reduce inventory levels for materials as well and closing inventories are to be much lower. Expected levels are shown below: Material M1 Material M2 Material M3 2,200 kg 1,300...
-
How do you calculate incremental cost for the following: Complying with the Clean Air Act Amendments will be costly. There are three main options for complying with the Clean Air Act: analyze the...
-
How do I journalize this transaction? Mountain Swirl Ice Cream purchased and took delivery of one ice cream machine for $7,500. Record the sale and the cost of the sale. Markup is 150% of cost....
-
Carlys Catering provides meals for parties and special events. In previous chapters, you developed a class that holds catering event information and an application that tests the methods using three...
-
What is the expected payoff of an investment that yields $5,000 with a probability of 0.15 and $500 with a probability of 0.85? Select one: O a. $325 O b. $5,500 O c. $2,750 O d. $1,175
-
For the year ended December 31, 2021, Huron Lake Enterprises Ltd. had the following revenues and expenses: Sales, $745,000; Cost of Goods Sold, $450,000; Operating Expenses, $135,000; and Income Tax...
-
Raiders Limited is a private company that follows ASPE. It is authorized to issue an unlimited number of both common and $5 cumulative preferred shares. On December 31, 2021, there were 35,000 common...
-
Annora Inc., a private company, is authorized to issue an unlimited number of common shares and 100,000 noncumulative $4 preferred shares. It began operations on January 1, 2021, and the following...
-
Berbice Inc. has a new project, and you were recruitment to perform their sensitivity analysis based on the estimates of done by their engineering department (there are no taxes): Pessimistic Most...
-
#3) Seven years ago, Crane Corporation issued 20-year bonds that had a $1,000 face value, paid interest annually, and had a coupon rate of 8 percent. If the market rate of interest is 4.0 percent...
-
I have a portfolio of two stocks. The weights are 60% and 40% respectively, the volatilities are both 20%, while the correlation of returns is 100%. The volatility of my portfolio is A. 4% B. 14.4%...
Study smarter with the SolutionInn App