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Homework Next question Brent Company provided the following information for the current year. Net income is $8,112,500, and the company is subject to a
Homework Next question Brent Company provided the following information for the current year. Net income is $8,112,500, and the company is subject to a 30% tax rate. For the entire year, there are 1,020,500 shares of outstanding common stock with an average market price of $30 per share. (Click the icon to view the additional information.) Read the requirements. 10 Requirement a. Based on the information provided, compute basic and diluted earnings per share (EPS) for the current year. Include all computations related to the application of antidilution sequencing. Begin by calculating the incremental income per share on each of the potentially dilutive securities and ranking their order of entry into the EPS computation. (Complete all input fields. Enter a "0" for any zero balances. Round the incremental income per share amounts to the nearest cent, $X.XX.) Rank Order of rs be Potentially Dilutive Security Increase in Income Increase in the Number of Common Shares Incremental Income per Share Entry into the EPS Computation sha Employee options Convertible preferred stock, te Convertible debt espe ear e Help me solve this Etext pages Get more help Clear all Check answer
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