Bedard Corporation reported net income of $300,000 in 2025 and had 200,000 shares of common stock outstanding
Question:
Bedard Corporation reported net income of $300,000 in 2025 and had 200,000 shares of common stock outstanding throughout the year. Also outstanding all year were 45,000 options to purchase common stock at $10 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Proceeds from assumed exercise of 45000 o...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
12+ Reviews
21+ Question Solved
Related Book For 
Intermediate Accounting
ISBN: 9781119790976
18th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
