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In 100 words, or fewer, explain why investors should be more interested in the Diluted EPS number than the Basic EPS number. Company X information
In 100 words, or fewer, explain why investors should be more interested in the Diluted EPS number than the Basic EPS number.
Company X information for Diluted Shares calculations for period 201X: Earnings for Year 201X - $20 million Average Basic shares outstanding for Company X in 201X 10 million Average Stock Price for year 201X - $6.00 Warrants to purchase common shares: - Warrants A to purchase 2 million shares ex @ $2.00 - Warrants B to purchase 3 million shares ex @ $5.00 for company 201X
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