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Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6

Exercise 19-18 EPS: stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options exercised (LO
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Answer #1
Numerator / denominator = Earnings pershare
Basic eps 605m 333.5 $1.82
Diluted eps 605m 359.167 $1.68

Explanation:-

Basic Net income 650 million - Preference diuicle x 97.*100) = 650 million - 45 million = 1605 million Jan ishrs 400 (1.05)-1

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