1 February, 16:46
Oracle Corporation reported the following earnings per share information in its 2016 Form 10-K. The company has only one class of stock outstanding. ($ in millions)
Dividends to common shareholders
Weighted average common shares outstanding
Weighted average dilutive shares
Basic and diluted earnings per share were, respectively:
A. $0.30 and $0.30
B. $0.77 and $0.74
C. $1.08 and $1.06
D. $2.11 and $2.07
E. None of the above
1 February, 18:25
d. 2.11 and 2.07
Basic EPS = Net Income - Preference Dividend / Weighted Average common shares outsanding
= 8.901 / 4.221
Diluted EPS = Net Income Attributable to common shares holders / Weighted Average dilutive shares
= 8.901 / 4.305
= 2,7 approximately
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» Oracle Corporation reported the following earnings per share information in its 2016 Form 10-K. The company has only one class of stock outstanding.