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What are the earnings per share amounts disclosed on the income statement for the most recent...

  1. What are the earnings per share amounts disclosed on the income statement for the most recent year for Verizon? What dilutive securities are discussed in the footnotes for Verizon? Please identify and describe other examples of dilutive securities for Verizon. How do these impact earnings per share for Verizon?
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Answer #1

(a) For most recent year's annual report, i.e. 2018' annual report of Verizon, in the income statement,

Basic earning per share = $3.76 per share.

Diluted earning per share = $3.76 per share

(b) in the footnote, following about the dluted securities is discussed:

There were a total of approximately 4 million outstanding dilutive securities, primarily consisting of restricted stock units, included in the computation of diluted earnings per common share for the year ended December 31, 2018

(c) As evident from the basic and diluted earning per share, the dilutive securities seem to have no impact on the earning per share of verizon.

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