Question
Using the provided financial data, calculate the earnings per share (EPS) and diluted EPS for Citigroup Inc. for the year 2023. Data: net income $12,000,000,
Using the provided financial data, calculate the earnings per share (EPS) and diluted EPS for Citigroup Inc. for the year 2023. Data: net income $12,000,000, preferred dividends $600,000, common shares outstanding 8,000,000, stock options convertible into 800,000 shares. Discuss the impact of dilution on the company’s earnings per share.
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
