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I know the basic EPS formula but I'm not sure how to get the denominator for this EPS question Estimating EPS from Statement of Equity
I know the basic EPS formula but I'm not sure how to get the denominator for this EPS question
Estimating EPS from Statement of Equity Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the fiscal year ended Year 10 (millions). Definitions: RSU: restricted stock units; PSU: performance stock units; Yunits: Conglomerate Y equity performance units. Required a. Using this information, estimate basic earnings per share. - Note: Round your answers to the nearest whole dollar. b. Would we expect the company to report diluted earnings per share? Estimating EPS from Statement of Equity Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the fiscal year ended Year 10 (millions). Definitions: RSU: restricted stock units; PSU: performance stock units; Yunits: Conglomerate Y equity performance units. Required a. Using this information, estimate basic earnings per share. - Note: Round your answers to the nearest whole dollar. b. Would we expect the company to report diluted earnings per shareStep by Step Solution
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