Homework Answers
| Basic EPS= Net Income / Weighted Average No. of Shares |
| 3200/320= $1/Share |
| Diluted EPS= Net Income / Adjusted No. of Shares |
| $320/352 = 0.909 Per Share |
| =320000+48000-16000=352000 |
| =((48000*10)-((48000*10)/3*2))/10=16000 |
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