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Exercise 19-25 EPS; new shares; contingent agreements [LO19-6, 19-12] Anderson Steel Company began 2018 with 510,000 shares o

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Answer #1

Please find below table useful to compute desired results: -

A 1 Denominator =B7:B7 =B13 EPS =B2/C2 =B3/C3 Numerator 2 BASIC EPS 4400000 3 Dilluted EPS 4400000 4 5 common stock outstandi

End results would be as follows: -

В Numerator Denominator 4,400,000 645,000 4,400,000 820,000 EPS 6.82 5.37 1 2 BASIC EPS 3 Dilluted EPS 4 5 common stock outst

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