Question: Wiseman Electronics has an agreement with certain of its division managers that 50,000 contingently issuable shares will be issued next year in the event operating
Wiseman Electronics has an agreement with certain of its division managers that 50,000 contingently issuable shares will be issued next year in the event operating income exceeds $2.1 million that year. In what way, if any, is the calculation of EPS affected by these contingently issuable shares assuming this year's operating income was $2.2 million? $2.0 million?
Step by Step Solution
3.47 Rating (167 Votes )
There are 3 Steps involved in it
Contingently issuable shares are considered outstanding in the comp... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
254-B-A-S-E (631).docx
120 KBs Word File
