What’s the EPS-Diluted ? In case you need more information, just let me know Many times you rejected my questions without letting me know what’s wrong, that’s not professional. ABC Electric - Income Statement 2019 Revenue $ 10,000,000 CGS 4,500,000 Gross Profit $ 5,500,000 SG&A 2,000,000 R&D 1,000,000 Deprec & Amort 500,000 Total Op. Expense 3,500,000 Operating Profit $ 2,000,000 Interest cost 805,000 Interest income 45,000 Pre-Tax $ 1,240,000 Tax (21%) 260,400 Net Income $ 979,600 EPS - Basic $ 0.10 EPS - Diluted ? Average Shares Outstanding 10,000,000 Diluted Shares 14,250,000 Diluted Shares Information Officers and Directors Options 3,000,000 Exercise Price $ 1.00 Publice Warrants 3,000,000 Exercise Price $ 2.50 Stock Price used for calculating Diluted Shares $ 6.00 Additional shares 4,250,000 Diluted Shares Calculation Table Basic Shares 10,000,000 O&D warrants - Public - Total 10,000,000 Proceeds Officers and Directors 3,000,000 Public Shareholders 7,500,000 Total Proceeds 10,500,000 Buyback Price $ 6.00 Total Shares repurchased 1,750,000 Diluted Shares 14,250,000
What’s the EPS-Diluted ? In case you need more information, just let me know Many times you rejected my questions without letting me know what’s wrong, that’s not professional. ABC Electric - Income Statement 2019 Revenue $ 10,000,000 CGS 4,500,000 Gross Profit $ 5,500,000 SG&A 2,000,000 R&D 1,000,000 Deprec & Amort 500,000 Total Op. Expense 3,500,000 Operating Profit $ 2,000,000 Interest cost 805,000 Interest income 45,000 Pre-Tax $ 1,240,000 Tax (21%) 260,400 Net Income $ 979,600 EPS - Basic $ 0.10 EPS - Diluted ? Average Shares Outstanding 10,000,000 Diluted Shares 14,250,000 Diluted Shares Information Officers and Directors Options 3,000,000 Exercise Price $ 1.00 Publice Warrants 3,000,000 Exercise Price $ 2.50 Stock Price used for calculating Diluted Shares $ 6.00 Additional shares 4,250,000 Diluted Shares Calculation Table Basic Shares 10,000,000 O&D warrants - Public - Total 10,000,000 Proceeds Officers and Directors 3,000,000 Public Shareholders 7,500,000 Total Proceeds 10,500,000 Buyback Price $ 6.00 Total Shares repurchased 1,750,000 Diluted Shares 14,250,000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 3MC
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Question
What’s the EPS-Diluted ?
In case you need more information, just let me know
Many times you rejected my questions without letting me know what’s wrong, that’s not professional.
ABC Electric - Income Statement
2019
Revenue
$ 10,000,000
CGS
4,500,000
Gross Profit
$ 5,500,000
SG&A
2,000,000
R&D
1,000,000
Deprec & Amort
500,000
Total Op. Expense
3,500,000
Operating Profit
$ 2,000,000
Interest cost
805,000
Interest income
45,000
Pre-Tax
$ 1,240,000
Tax (21%)
260,400
Net Income
$ 979,600
EPS - Basic
$ 0.10
EPS - Diluted
?
Average Shares Outstanding
10,000,000
Diluted Shares
14,250,000
Diluted Shares Information
Officers and Directors Options
3,000,000
Exercise Price
$ 1.00
Publice Warrants
3,000,000
Exercise Price
$ 2.50
Stock Price used for calculating Diluted Shares
$ 6.00
Additional shares
4,250,000
Diluted Shares Calculation Table
Basic Shares
10,000,000
O&D warrants
-
Public
-
Total
10,000,000
Proceeds
Officers and Directors
3,000,000
Public Shareholders
7,500,000
Total Proceeds
10,500,000
Buyback
Price
$ 6.00
Total Shares repurchased
1,750,000
Diluted Shares
14,250,000
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