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Whispering Corporation earned $352,000 during a period when it had an average of 100,000 shares...

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Accounting

Whispering Corporation earned $352,000 during a period when it had an average of 100,000 shares of common stock
outstanding. The common stock sold at an average market price of $15 per share during the period. Also outstanding
were 16,500 warrants that could be exercised to purchase one share of common stock for $10 for each warrant exercised.
a. Are the warrants dilutive?
b. Compute basic earnings per share. (Round answer to 2 decimal places, e.g.2.55.)
Basic earnings per share $
c. Compute diluted earnings per share. (Round answer to 2 decimal places, e.g.2.55.)
Diluted earnings per share $
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