A firm with net income of $150,000 and weighted average actual shares outstanding of 25,000 for the
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Question:
A firm with net income of $150,000 and weighted average actual shares outstanding of 25,000 for the year also had the following securities outstanding the entire year: 500 options to purchase one share of stock for $15 per share. The average share price during the year was $20.
Compute diluted EPS for this firm.
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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