Assume the same information as in BE17-16 except that the put options allow the holder to sell

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Assume the same information as in BE17-16 except that the put options allow the holder to sell Glavin's shares to Glavin at $11 each. How should these options be treated for purposes of the diluted EPS calculation?

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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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Question Posted: Aug 23, 2015 08:34 AM

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Assume the same information as in BE17-16 except that the put options allow the holder to sell

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The put options are not in the money exercise price market price in this case ...View the full answer

Intermediate Accounting

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