Question: What amount should be reported as diluted earnings per share unexcised share options to purchase 50,000 ordinary shares at P20 per share were outstanding at

What amount should be reported as diluted earnings per share

unexcised 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

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