SKZ reported the following capital structure on December 31, 2014, and the related results of operations for 2014: Additional data:
(a)Company earns interest at 10%
(b)Option price of common shares for holders of common stock warrants, $54.
(c)No preferred dividends were declared or paid during 2014.
(d)The tax rate is 40%.
Compute
Basic EPS $ ________
Diluted EPS $ ________

Question

SKZ reported the following capital structure on December 31, 2014, and the related results of operations for 2014:  Additional data:
(a)Company earns interest at 10%
(b)Option price of common shares for holders of common stock warrants, $54.
(c)No preferred dividends were declared or paid during 2014.
(d)The tax rate is 40%.
Compute
Basic EPS $ ________
Diluted EPS $ ________

Quizplus · Accepted Answer

The Answer of SKZ reported the following capital structure on December 31, 2014, and the related results of operations for 2014:  Additional data:
(a)Company earns interest at 10%
(b)Option price of common shares for holders of common stock warrants, $54.
(c)No preferred dividends were declared or paid during 2014.
(d)The tax rate is 40%.
Compute
Basic EPS $ ________
Diluted EPS $ ________

SKZ Reported the Following Capital Structure on December 31, 2014