d e come to At December 31, 2016 and 2017 Mare 52.08 $1.75 1.53 with the cores of common stock outstanding on January 1 and December 31, 2017 $1.42 on January Marsh Co had 2.400.000 shares of comm ary company in in June 2014 owners of 200000 the for 1.2020. m net income in connection with the acquisition of a sud of 51.700 100.000 additional shares of its common stock on July and reported Marish paid $100.000 in preferred stock dividend h eid be the year Marsh's diluted earnings per share for 2017 shows So 71 50.68 50.67 d $0.64 sued and outstanding at December 31, 2016. On July re outstanding at bed earnings per share for the 13 Foyle, Inc., had 680 000 shares of common stocked and outstanding a nisha 1. 2017. an additional 40.000 shares of common stock were issued to s h are unexorcised stock options to purchase 32 000 shares of common stock was 520 the beginning and end of 2017. The average market price of Foyle's com 2017. What is the number of shares that shou number of shares that should be used in computing diluted rings year ended December 31, 2017? a 700.000 b. 708.000 c. 728,000 d. 732,000 When computing diluted earnings per share, convertible securities are ignored. b. recognized only if they are dilutive. c. recognized only if they are antidilutive d. recognized whether they are dilutive or antidilutive In determining diluted earnings per share, dividends on nonconvertible cumulative preferred stock should be a disregarded b. added back to net income whether declared or not. C. deducted from net income only if declared. d. deducted from net income whether declared or not. 16. The if-converted method of computing earnings per share data assumes conversi securities as of the a. beginning of the earliest period reported (or at time of issu b. beginning of the earliest period reported regn middle of the earliest period reporte d. ending of the earliest per c d e come to At December 31, 2016 and 2017 Mare 52.08 $1.75 1.53 with the cores of common stock outstanding on January 1 and December 31, 2017 $1.42 on January Marsh Co had 2.400.000 shares of comm ary company in in June 2014 owners of 200000 the for 1.2020. m net income in connection with the acquisition of a sud of 51.700 100.000 additional shares of its common stock on July and reported Marish paid $100.000 in preferred stock dividend h eid be the year Marsh's diluted earnings per share for 2017 shows So 71 50.68 50.67 d $0.64 sued and outstanding at December 31, 2016. On July re outstanding at bed earnings per share for the 13 Foyle, Inc., had 680 000 shares of common stocked and outstanding a nisha 1. 2017. an additional 40.000 shares of common stock were issued to s h are unexorcised stock options to purchase 32 000 shares of common stock was 520 the beginning and end of 2017. The average market price of Foyle's com 2017. What is the number of shares that shou number of shares that should be used in computing diluted rings year ended December 31, 2017? a 700.000 b. 708.000 c. 728,000 d. 732,000 When computing diluted earnings per share, convertible securities are ignored. b. recognized only if they are dilutive. c. recognized only if they are antidilutive d. recognized whether they are dilutive or antidilutive In determining diluted earnings per share, dividends on nonconvertible cumulative preferred stock should be a disregarded b. added back to net income whether declared or not. C. deducted from net income only if declared. d. deducted from net income whether declared or not. 16. The if-converted method of computing earnings per share data assumes conversi securities as of the a. beginning of the earliest period reported (or at time of issu b. beginning of the earliest period reported regn middle of the earliest period reporte d. ending of the earliest per c
