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A firm with net income of $150,000 and weighted average actual shares outstanding of 25,000 for the year also had the following securities outstanding
A firm with net income of $150,000 and weighted average actual shares outstanding of 25,000 for the year also had the following securities outstanding the entire year: 500 options to purchase one share of stock for $15 per share. The average share price during the year was $20. Compute diluted EPS for this firm. $6.00 $5.96 $5.97 $6.03
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
