Assume the same information as in BE17-20 except that the put options allow the holder to sell

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Assume the same information as in BE17-20 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: 978-1118300855

10th Canadian Edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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Question Posted: Nov 15, 2016 10:58 AM

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Assume the same information as in BE17-20 except that the put options allow the holder to sell

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The put options are not in the money exercise ...View the full answer

Intermediate Accounting

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