Exhibit 11
RANGER INDUSTRIES, INC.
(formerly Coleco Industries, Inc.)
COMPUTATION OF EARNINGS PER SHARE
(Unaudited - See Accountants' Compilation Report)
for the six-month periods ended June 30, 1996 and 1995
-------
1996 1995
---- ----
Primary:
Net loss $(45,724) $(69,737)
Average common shares outstanding 4,000,000 4,000,000
Primary loss per share $(.01) $(.02)
Fully diluted:
Net loss $(45,724) $(69,737)
Average common shares outstanding 4,000,000 4,000,000
Fully-diluted loss per share $(.01) $(.02)
Exhibit 11 , Continued
RANGER INDUSTRIES, INC.
(formerly Coleco Industries, Inc.)
COMPUTATION OF EARNINGS PER SHARE
(Unaudited - See Accountants' Compilation Report)
for the quarters ended June 30, 1996 and 1995
-------
1996 1995
---- ----
Primary:
Net loss $(10,096) $(34,984)
Average common shares outstanding 4,000,000 4,000,000
Primary loss per share $(.01) $(.01)
Fully diluted:
Net loss $(10,096) $(34,984)
Average common shares outstanding 4,000,000 4,000,000
Fully-diluted loss per share $(.01) $(.01)