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Analyzing EPS through Financial Statement Presentation Sundry Inc. reported the following information in its...

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Accounting

Analyzing EPS through Financial Statement Presentation
Sundry Inc. reported the following information in its consolidated statement of earnings for the fiscal year ended January 31.
Required
a. Estimate the average number of common shares outstanding for its fiscal year ended January 31.
Note: Round your answer to the nearest whole share (in millions).
million shares.
b. Does the company have a simple or a complex capital structure?
capital structure.
c. If diluted weighted-average common shares were 1,547 million, recompute diluted EPS.
d. Based on part c, what type(s) of dilutive securities would we assume the company reported in its financial statements?
Stock plans
Convertible securities
image

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