Question: Completion Remaining Time: 09 minutes, 15 seconds. Less than half of the time remains Question Completion Status Moving to another question will save this response

 Completion Remaining Time: 09 minutes, 15 seconds. Less than half of

Completion Remaining Time: 09 minutes, 15 seconds. Less than half of the time remains Question Completion Status Moving to another question will save this response Question 7 of 10 Question 7 0.5 points Son January 1, 2016, Karev Corporation granted options to purchase 6,500 of its common shares at $4 each The market price of common stock was $11 per share on March 31, 2016, and averaged $11 per share during the quarter then ended. There was no change in the 93,613 shares of outstanding common stock during the quarter ended March 31, 2016. Net income for the quarter was $63,538. The diluted earnings per share for the quarter is S (Round your answer 2 decimal places Moving to another question will save this response Question of 10 MacBook Air % 5 6 7 8 9 0 Well lulp

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!