Question
34 ASAP Czyzcwski Company had 30,000 shares of common stock outstanding on January 1, 2024. On April 1, 2024, the company issued 15,000 shares of
34 ASAP
Czyzcwski Company had 30,000 shares of common stock outstanding on January 1, 2024. On April 1, 2024, the company issued 15,000 shares of common stock. The company had outstanding fully vested incentive stock options for 5,000 shares exercisable at $10 that had not been exercised by its executives. The average market price of common stock was $9. The company reported net income in the amount of $189,374 for 2024. What is the effect of the options?
Multiple Choice
The options will dilute EPS by $0.33 per share.
The options will dilute EPS by $0.17 per share.
The options are antidilutive.
The options will dilute EPS by $0.09 per share.
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Security Audit And Control Features Oracle E Business Suite
Authors: Deloitte Touche Tohmatsu Research Team And Isaca
3rd Edition
1604201061, 978-1604201062
