Diluted EPS Assignment

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Diluted EPS Assignment

oil services corp. reports the following data in its 2012 annual report (in millions except per share data) net income $1,218; the weighted number of shares outstanding is 586million (basic). Firm also has 5 million warrants outstanding (one warrant gives a right to buy one common share at a future date for a pre-specified price) The firm does not have any preferred sticks. 1) calculate the diluted EPS 2) what formulas were used. Get Finance homework help today

oil services corp. reports the following data in its 2012 annual report (in millions except per share data) net income $1,218; the weighted number of shares outstanding is 586million (basic). Firm also has 5 million warrants outstanding (one warrant gives a right to buy one common share at a future date for a pre-specified price) The firm does not have any preferred sticks.
1) calculate the diluted EPS
2) what formulas were used. Get Finance homework help today