Homework Answers
| Basic earnings per share | |
| Operating income of eagle corporation | 69000 |
| Contribution to consolidated EPS from standard company | 28000 |
| (47000-12000)/10000*0.8*10000 | |
| Earnings available to shareholders | 97000 |
| Preferred dividends of eagle corporation | -16000 |
| Earnings available to common shareholders | 81000 |
| No. of shares | 10000 |
| Consolidated BEPS | 8.10 |
| Diluted EPS | |
| Operating income of eagle corporation | 69000 |
| (47000)/(15000+10000)*0.8*10000) | 15040 |
| Earnings available to shareholders | 84040 |
| Preferred dividends of eagle corporation | -16000 |
| Earnings available to common shareholders | 68040 |
| No. of shares | 10000 |
| Consolidated DEPS | 6.80 |
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E10-16 Effect of Convertible Preferred Stock on Earnings per Share LO 10-4 Pagle Corporation holds 80...
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