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Jumbo International most recent financial statements had an Earnings After tax of $ 5,250,000 . The firm has 300,000 shares outstanding . Jumbo is coming
Jumbo International most recent financial statements had an Earnings After tax of $ 5,250,000 . The firm has 300,000 shares outstanding . Jumbo is coming to the market with a new offering of at $ 10.00 to the public . After fees and costs the company will receive $ 9.00 per share . What is the amount of dilution in earnings per share ? Select one : . No dilution occurs since new money is received by Well - Co . $ 2.25 $ 2.50 d . $ 15.00 please answer as soon as possible!! Thank you !!
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