Question
Courtel Corp. earned $60,000 in 2014 and had 60,000 shares of common stock outstanding the entire year. The following four potentially dilutive securities were also
Courtel Corp. earned $60,000 in 2014 and had 60,000 shares of common stock outstanding the entire year. The following four potentially dilutive securities were also outstanding for the entire year. The numerator and denominator effects of the issues are as indicated:
| Numerator | Denominator | |
| #1 | $16,000 | 24,000 |
| #2 | $16,000 | 100,000 |
| #3 | $18,000 | 30,000 |
| #4 | $10,000 | 120,000 |
Calculate diluted EPS.
Please show step by step guide. Thanks!
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IT Security Risk Control Management An Audit Preparation Plan
Authors: Raymond Pompon
1st Edition
1484221397, 978-1484221396
