Bedard Corporation reported net income of 300,000 in 2015 and had 200,000 ordinary shares outstanding throughout the

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Bedard Corporation reported net income of 300,000 in 2015 and had 200,000 ordinary shares outstanding throughout the year. Also outstanding all year were 45,000 options to purchase ordinary shares at 10 per share. The average market price of the shares during the year was 15. Compute diluted earnings per share.

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Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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