[一級財報] 19 Laurelli Builders (LB) reported the following financial data for year-end 31
December:
Common shares outstanding 1 January 2020000
Common shares issued as stock dividend 1 June 380000
Warrants outstanding 1 January 500000
Net income $3350000
Preferred stock dividends paid $430000
Common stock dividends paid $240000
Which statement about the calculation of LB’s EPS is most accurate?
A LB’s basic EPS is $1.12.
B LB’s diluted EPS is equal to or less than its basic EPS.
C The weighte