Question: show your solution 140. What amount should be reported as diluted earnings per share? 2 points An entity had 200,000 ordinary shares issued and oustanding

show your solution 140. What amount should be reported as diluted

show your solution

140. What amount should be reported as diluted earnings per share? 2 points An entity had 200,000 ordinary shares issued and oustanding on January 1, 2021. I Unexercised share options to purchase 50,000 ordinary shares at P20 per share were outstanding at the beginning and end of 2021. The average market price of ordinary share was P25 during 2020. Net income for the year was P5,000,000. a. 20.83 b. 23.81 c. 25.00 d None

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