Larkspur Corporation earned $2,859,000 during 2020. The company had a weighted-average of 533,000 shares of common stock outstanding. The average market price of common stock was $31 per share during the year. The company also had 50,000 warrants outstanding, of which two warrants could be exercised to purchase one share of common stock for $29 in total. (a) Are the warrants dilutive? select an option                                                            (b) Compute basic earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Basic earnings per share   $enter the basic earnings per share in dollar rounded to 2 decimal places  (c) Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Diluted earnings per share   $enter the diluted earnings per share in dollar rounded to 2 decimal places

Q: Marina Corporation had the following shareholders' equity on January 1, 2020: Common shares, 500,000…

A: The stock subscription is the process where the investor can purchase the shares on paying the sum…

Q: Novak Corporation earned $371,000 during a period when it had an average of 100,000 shares of common…

A: Formula: Earnings per share = ( Net income - Total preferred dividends ) / Total outstanding shares

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A: Step 1: 1) Book value per share = Total book value of equity / Number of shares outstanding  =…

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A: By dividing a company's revenue or profit by the total number of outstanding shares, basic EPS is…

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Q: EPS

A: EPS or Earning per share = Earnings available to equity holders/Number of equity shares outstanding

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.