subject
Business, 13.03.2020 23:22 kayla6653

Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The common stock sold at an average market price of $15 per share during the period. Also outstanding were 15,000 warrants that could be exercised to purchase one share of common stock for $10 for each warrant exercised.

(a) Are the warrants dilutive?

(b) Compute basic earnings per share. (Round answer to 2 decimal places, e. g. $2.55.)
(c) Compute diluted earnings per share.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 00:20, angelcat9137
Overspeculation and a decrease in consumer confidence are both leading factors of: ?
Answers: 1
image
Business, 22.06.2019 09:00, Moocow17
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
image
Business, 23.06.2019 06:50, maya8909
How is a federal loan different from a private loan for an education? a federal loan is available for any student who meets the government's lending standards. a private loan is only available for students who show a need. a federal loan is only available for students who show a need. a private loan is available for any student who meets the bank's lending standards. a federal loan can only be used to pay for a student's tuition. a private loan can be used to pay for a student's tuition and any other expenses. a federal loan can be used to pay for a student's tuition and any other expenses. a private loan can only be used to pay for a student's tuition.
Answers: 1
image
Business, 23.06.2019 07:30, chaaaa
Me this has caused me stress and my head hurts
Answers: 1
You know the right answer?
Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common...

Questions in other subjects:

Konu
Mathematics, 23.09.2020 09:01
Konu
History, 23.09.2020 09:01