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Business, 16.04.2020 21:02 kukisbae

Meribeth Inc. had 680,000 shares of common stock issued and outstanding at January 1, 2020. On July 1, 2020, an additional 40,000 shares of common stock were issued for cash. Meribeth also had unexercised stock options to purchase 32,000 shares of common stock at $15 per share outstanding at the beginning and end of 2020. The average market price of Meribeth's common stock was $20 during 2020. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2020

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Meribeth Inc. had 680,000 shares of common stock issued and outstanding at January 1, 2020. On July...
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