Question: At December 3 1 , 2 0 2 3 , Swifty Inc. had 3 1 6 0 0 0 common shares outstanding ( no preferred

At December 31,2023, Swifty Inc. had 316000 common shares outstanding (no preferred shares issued). In addition, the corporation had granted 94800 stock options to certain executives, and which gave them the right to purchase Swifty's shares at the option price of \$40 per share. None of these options have yet been exercised. The average market price of Ayayai's common shares during 2023 was \(\$ 50\). What is the number of shares that should be used in calculating diluted earnings per share for 2023?391840339700316000334960
At December 3 1 , 2 0 2 3 , Swifty Inc. had 3 1 6

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