The Shadypine Corp has 1 billion common stocks outstanding. The companys founders and employees currently...

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Finance

  1. The Shadypine Corp has 1 billion common stocks outstanding. The companys founders and employees currently hold 200 million vested options, each with the strike price of $10. The current stock price $15. The following items are available from Shadypines recent Income Statement:

Sales: $400m

Costs of goods sold: $150m

R&D expenses $20m

Depreciation $30m

Interest Expense $0

Tax Rate 21%

Preferred Dividends $1m

Common Dividends $2m

What are the companys EPS and diluted EPS?

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