team problem part 2

team problem part 2 - 2.39 Diluted EPS 2.39 10% bonds...

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team problem Part2 Irvin Brown net income Outstanding common stock 12/31/2010 12/31/2009 $860,000.00 280000 preferred stock added 12/31/10 $50,000.00 56000*8/12 net income-preferred stock total 12/31/10 Basic EPS $810,000.00 317333.33 $2.55 options numerator 810000+0 810000 denominator 317333.3333+11250 328583.33 numerator/denominator 810000/328583.3333 2.47 10% Bonds numerator 810000+70000 880000 denominator 328583.3333+40000 368583.33 numerator/denominator 880000/368583.3333
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Unformatted text preview: 2.39 Diluted EPS 2.39 10% bonds numerator 1000000*.10 $100,000.00 1000000*.10*(1-.30) $70,000.00 denominator 1000000/1000 1000 1000000/1000*(40) 40000 numerator/denominator 70000/40000 1.75 options numerator denominator 30000*22.5 675000 30000*22.5/36 18750 30000-18750 11250 numerator/denominator 0/11250 warrants numerator denominator 20000*38 760000 20000*38/36 21111.11 20000-21111.11111 anti dilutive...
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team problem part 2 - 2.39 Diluted EPS 2.39 10% bonds...

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