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What is consolidated basic EPS

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Reference no: EM133053558

Question - Assume that Little has 107000 shares of common stock outstanding.

Big owns 55% of these shares.

Big has 230000 shares of common stock outstanding.

Little reports earnings of $80250 in the current year.

Consoldated net income is $120000 in the current year.

1. What is consolidated basic EPS?

2. Now assume that Little has diluted EPS of $0.64 per share. What is consolidated EPS?

Reference no: EM133053558

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