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27 Kasravi Co. had net income for 2018 of $800,000. The average number of shares outstanding for the period was 300,000 shares. The average number

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27 Kasravi Co. had net income for 2018 of $800,000. The average number of shares outstanding for the period was 300,000 shares. The average number of shares under outstanding options, at an option price of $25 per share is 15,000 shares. The average market price of the common stock during the year was $30. What should Kasravi Co. report for diluted earnings per share for the year ended 2018? a $2.67 b. $2.83 c. $2.64 d. $2.56 28 On Max 1 2001 D 0 JAANAN

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