Business, 29.05.2020 18:01 shannonderemer
January 1, 2018, Woody Forrest Corporation granted executive stock options to purchase 27,000 of its common shares at $7 each. The market price of common stock was $10 per share on December 31, 2018, and averaged $9 per share during the year then ended. There was no change in the 150,000 shares of outstanding common stock during the year. Net income for the year was $25,000. The number of shares to be used in computing diluted earnings per share for the quarter is
1.150,000
2.156,000
3.171,000
4.177,000
Answers: 2
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January 1, 2018, Woody Forrest Corporation granted executive stock options to purchase 27,000 of its...
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