Simple basic/diluted EPS question, thanks!
7. The following are basic and dauted earnings per share situations. ifthere is no preferred stock mentioned, should assume no preferred stock is outstanding Read each set of facts, show your computations, and conclude asto the requested per share amounts Net income for the year was 53.000, 100 common shares were outstanding for the entire year. What is the basic EPS? Net income for the year was $1,000. 100 common shares were outstanding for the entire year, No dividends were paid during the year on the $10,000 par value, 5% cumulative preferred stock. What is the basic EPs? Net income for the year was $1,000. 100 common shares were outstanding for the entire year, $200 of dividends were paid on the $10,000 par value, S% non-cumulative preferred stock. What is the basic EPS? Net income for the year was $3,000, 100 common shares were outstanding at the beginning of the year, and 100 new common shares were issued at mid-year. What is the basic EPS? Net income for the year was $3,000. 100 common shares were outstanding at the beginning of the year, and a some stock dividend was declared and delivered at mid-year. What is the basic EPs? Net income for the year was $1,000. 100 common shares were outstanding for the entire year. Warrants to purchase at $60 a share) another 100 shares were also outstanding during the year. The average market price of a share of stock during the year was $40. What is the diluted Net income for the year was s1.500, 100 common shares were outstanding for the entire year. Warrants to of a purchase (at S20 a share) another 100 shares were also outstanding during the year. The average market price share of stock during the year was $40. What is the diluted EPs? Net income for the year was $2,400. 100 common shares were outstanding for the entire year. S4.000 of 10% into cumulative, convertible preferred stock was also outstanding during the year. The preferred stock is convertible 100 common shares. What is the diluted EPS