An analyst compiled the following information from Hampshire, Inc.'s financial activities in the most recent year: Net income was $2,800,000. 100,000 shares of common stock were outstanding on January 1. The average market price per share for the year was $250. 10,000 shares of 6%, $1,000 par value preferred shares were outstanding the entire year. 10,000 warrants, which allow the holder to purchase 10 shares of common stock for each warrant held at a price of $150 per common share, were outstanding the entire year. 30,000 shares of common stock were issued on September 1. Hampshire, Inc.'s diluted earnings per share are closest to:

The answer is "$14.67"

Explanation:

Its total average common stock must also be determined to Hampshire 's fundamental EPS ((net revenue-preferred dividends)/weighted total shares outstanding).

On January 1 now there are 100,000 pending shares and on 1 September 30,000 so the weighted average is as follows:

Basic EPS is:

If the money was exercised, it will result in a cash flow  

Its amount of shares which can be purchased through expected revenue (money inflow / current share price) is based on the cash accounting method

The number of shares to be produced:

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know