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On December 31, 2017, Berclair Inc. had 580 million shares of common stock and 6 million...

On December 31, 2017, Berclair Inc. had 580 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 176 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $1,100 million.

Also outstanding at December 31 were 30 million incentive stock options granted to key executives on September 13, 2013. The options were exercisable as of September 13, 2017, for 30 million common shares at an exercise price of $56 per share. During 2018, the market price of the common shares averaged $70 per share.

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xon Dec 31 2011 Beclair Inc had Rea Basic EPS Diluted EPS 12- 29 $2. 26 >Explanation 1 weighted Avg shares of common stock ouDiluted EPS ; UNO info pegarding poemshave is given Hence, only dilutive security is option 2) First check weather security i6 pilured EPS : $ I LOO - 554 456 + 6 - $ 2. 26 per share

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