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Intermediate Accounting II Q7: Throughout the year, Molten Corp. had 60,000 average common shares outstanding, and its net income for the year was $900,000. In
Intermediate Accounting II Q7: Throughout the year, Molten Corp. had 60,000 average common shares outstanding, and its net income for the year was $900,000. In addition it had unexercised stock warrants allowing the purchase of 10,000 shares at $80 per share. Assume the market price per share was (a) $81 per share, (b) $78 per share. a) Diluted EPS = b) Diluted EPS = 
Q7: Throughout the year, Molten Corp. had 60,000 average common shares outstanding, and its net income for the year was $900,000. In addition it had unexercised stock warrants allowing the purchase of 10,000 shares at $80 per share. Assume the market price per share was (a) $81 per share, (b) $78 per share. a) Diluted EPS b) Diluted EPS
Intermediate Accounting II
Q7: Throughout the year, Molten Corp. had 60,000 average common shares outstanding, and its net income for the year was $900,000. In addition it had unexercised stock warrants allowing the purchase of 10,000 shares at $80 per share. Assume the market price per share was (a) $81 per share, (b) $78 per share.
a) Diluted EPS = b) Diluted EPS =
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
