Answer:
EPS is $2.8 per share
Diluted EPS is $2.4 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($592,000 - ( 19,100 x $0.9 ) / 205,000 = $2.8 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($592,000 - $17,190) / ( 205,000 + 39,000 )
Diluted EPS = $2.4 per share
All the option given are inconsistent with data given.
Answer:
flank attack
Explanation:
Based on the scenario being described within the question it can be said that this is an example of a flank attack. This is the marketing strategy that focuses on attacking the different weak points of the competitors in the market. Which is what Colgate is doing by focusing on the one aspect that Pepsodent has not targeted in order to overtake all of their market share on their newly launched product.
