Solved: What is the firms diluted earnings per share, Finance Basics

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What is the firms diluted earnings per share

Problem:

Northeast Company has 200,000 shares of common stock and 50,000 warrants outstanding. Each warrant entitles its owner to buy one share at a price of $20 before 2010. The firm's basic earnings per share is $2.25. What is the firm's diluted earnings per share?

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Finance Basics: What is the firms diluted earnings per share

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Finance Basics: What is the firms diluted earnings per share

Reference No:- TGS02034902

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