Discuss the types of acts that may be included and those omitted from being a criminal act (Evil thoughts). Would you add anything else? Why is this problematic?
EPS Calculation When a Business Combination Includes Contingent Share Issuance
I’m working through an earnings per share question related to an acquisition and contingent consideration. Sunland Corporation acquired Novak Inc. and agreed to issue an additional 49,400 shares to Novak’s former shareholders in 2027 if Novak’s net income in 2026 reaches at least $593,000. Novak’s net income in 2025 was