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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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