Homework Answers
a) Yes
B) Basic earning per share = 349000/100000 = 3.49 per share
c) Diluted shares = 15300-(15300*14/21) = 5100
Diluted earning per share = 349000/105100 = 3.32 per share
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had 115,000 shares of common stock outstanding throughout the year.
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convertible into 17,000 shares of common. Martinez’s tax rate is 30
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(Round answer to 2 decimal places, e.g.
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had 116,000 shares of common stock outstanding throughout the year.
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convertible into 17,000 shares of common. Ivanhoe’s tax rate is 30
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(Round answer to 2 decimal places, e.g.
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