Question;Question of the day ? Chapter 16, lecture #3;Liver Co. has basic eps of $1.00 per share (net income of;$50,000 and 50,000 weighted-average shares outstanding, with no preferred;stock). Liver also has 5,000 warrants;outstanding that permit the holder to buy one common stock each for $35. The stock price of Liver varied between $26;and $49 over the year (closing at $40), with an average of $38 over the;year. What should Liver show for diluted;eps for the year?
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