The following note appeared in the 2002 Annual Report of Mercer International Inc. For 2002 and 2001
Question:
The following note appeared in the 2002 Annual Report of Mercer International Inc.
For 2002 and 2001 options and warrants were not included in the computation of diluted earnings per share because they were antidilutive. Warrants were not dilutive in 2000.
Explain
(a) why the BEPS shares were weighted and
(b) what is meant by antidilutive.LO26-7
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting And Reporting
ISBN: 9780273703648
10th Edition
Authors: Mr Barry Elliott, Jamie Elliott
Question Posted: