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please this is my 3rd time posting this question. do it right , I only need part C Swiity Corporation earned $322,000 during a period
please this is my 3rd time posting this question. do it right , I only need part C
Swiity Corporation earned $322,000 during a period when ie had an werage of 100,000 shares of commen stock outstanding The coenman stock sold at an average market price of $21 per share during the period. Aso outstanding were. 13.800 warrants that could. be exercised to purchase one share of cominen stock for $14 for each wartant esercised. a. Afe the warrantsdilutive? b. Compute basic eamings per share: (Round onswer to 2 deckmal places ey 255). Gaicearnings perstare s. c. Compute diluted earnings per share, Round onseer to 2 decinal ploces es .255) Diluted earningi per share Swifty Corporation earned $322,000 during a period when it had an average of 100,000 shares of common stock outstanding. The common stock sold at an average market price of $21 per share during the period. Also outstanding were 13,800 warrants that could be exercised to purchase one share of common stock for $14 for each warrant exercised. a. Are the warrants dilutive? b. Compute basic earnings per share. (Round answer to 2 decimal places, eg. 2.55.) Basic earnings per share c. Compute diluted earnings per share. (Round answer to 2 decimal places, es. 2.55.) Diluted earnings per share Step by Step Solution
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